May 17, 2012 Thursday         US$ 1=RMB 6.3233
       

Historical Benchmark Iron Ore Contract Prices

Remark:
For example, the benchmark prices for Southern System Fines (Fe65%) were 119.98 US cents per dry metric ton unit in 2008. And the FOB prices should be: 118.98*0.65=77.337 (US$/DMT)