During the week of March 17-24, iron ore futures traded on the Dalian Commodity Exchange fell 6.4% week on week to 866.5 yuan/t ($126.43).
According to market representatives, iron ore quotations have reached the highest level of the last 8 months and subsequently declined.
April futures on the Singapore stock market fell 8.1% to 119.9/t on March 24 compared to the 17th.
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