The price of Brazilian iron ore exports averaged $34.11/mt FOB through the first 10 days of July, down 8.4% from the last week of June's $37.23/mt FOB, according to Ministry of Development and Trade data released Tuesday.
The average price is for all types of iron ore and iron-content percentages.
The Platts 62% Fe Iodex average increased $1.38/dmt over the same period to $55.50/dmt CFR North China.
