The China Chamber of Commerce of Metals, Minerals and Chemicals Importers and Exporters has released the average reference prices for import transactions of Fe 63.5% Indian iron ore concluded last week on May 4th 2009.
| Delivery | This week | Last week |
| FOB Indian port | USD 51-USD 52 | USD 50-USD 51 |
| CIF Chinese port | USD 63-USD 64 | USD 62-USD 63 |
The change is with respect to prices posted on April 27th 2009
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