MMI Daily Iron Ore Index Report October 23 2026

AI Summary

Iron ore prices rebounded across Chinese futures and port markets after broad weakness in the previous session. The DCE most-traded contract rose 0.90%, while reported port and seaborne price indices also increased.

Prices recovered together today, easing the previous session’s broad weakness. DCE most-traded rose 0.90% to 675.0 yuan/mt; the 61%, 58% and 65% port indices increased to 658, 616 and 817 yuan/wmt. The seaborne 61% and 65% indices were USD 89.20 and 106.80/dmt, with all 12 brands higher. Direction was broadly aligned, but a one-day rebound ...