This is the traditional low season of consumption, iron ore prices have risen "accidentally", and behind the scenes push hands. According to foreign reports, the Ministry of Railways of India has increased the cost of iron ore transportation, and it is required to pay 500 rupees per ton of ore based on the current freight rate. According to industry sources, the move will increase the export cost of Indian iron ore, or further push up the spot price of iron ore. “India has always been the main force of China's spot mines, and the long mines of the three major mines are staring at the spot mines. The impact of India's actions on the entire market is not small.†Zhu Xi'an, an iron and steel analyst at the steel network, said. Analysts say that the price of minerals will rise in the light of actual demand. If the actual demand is not strong after the holiday, the industry risk will increase. India's freight charges will stimulate the price of minerals to rise on January 26, the latest monitoring data obtained by the reporter from my steel network shows that according to the foreign offer of the day, 63.5/63% Indian powder mine reported 190~192 US dollars / ton, PB powder Reported at 190~192 US dollars / ton; and in the port pickup price, 63.5% India powder mine reported 1340 ~ 1380 yuan / ton, 58% India powder mine reported 1050 ~ 1080 yuan / ton, PB powder mine reported 1300 ~ 1320 yuan / Tons, PB lump ore is 1400~1420 yuan/ton. There has been a lot of push behind the rise in iron ore prices. Today, India, the main supplier of iron ore in China, has once again touched the market. According to foreign media reports on January 26, the Indian Ministry of Railways has increased the cost of iron ore transportation, that is, based on the current freight rate, it is necessary to pay an additional 500 rupees per ton of ore. This means that the cost paid by Indian iron ore exporters will be much higher than before. According to industry sources, the move in India will increase the export cost of iron ore, or further push up the spot price of iron ore. It is reported that the Indian government has been looking for opportunities to restrict iron ore exports. Following the restrictions on iron ore exports in Karnataka, Orissa has recently proposed to restrict exports. According to local media reports in India, the Indian government plans to impose a 20% export tariff on iron ore exports in the 2011-2012 fiscal year beginning on April 1 to ensure domestic supply. Liang Yun Futures analyst Yuan Wei told the reporter of "Daily Economic News" that "the adjustment of Indian policy has changed the world iron ore supply pattern." According to the data provided by my steel network, the iron ore imported from India last year. The proportion of stone in total imports fell from 23.3% in April to 6.4% in October, which is at a historical low. The reporter learned that the monopoly of the miners market, the impact of the Australian floods on iron ore production and exports, India and Iran are considering the tariffs on iron ore exports and other factors have pushed up the price of the mine. "It is the series of policies of countries such as India that have increased the difficulty of importing iron ore in China, but also stimulated the price of iron ore to climb." Zhu Xi'an said. Immeasurable ore price rise increased industry risk for the current iron ore price, the original Wei explained to reporters that "shipping fee when considering the 2008 is much higher than it is now, the current iron ore FOB price and the basic historical peak "It is reported that the highest price of iron ore appeared in April 2008, when the price was slightly higher than 205 US dollars / ton, but the sea freight rate from Western Australia to China, for example, was about 30 US dollars / ton, but now It is up to 6.725 US dollars / ton.
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