Iron ore stands out among other commodities that suffered from growing trade tension, Bloomberg reports. While copper in London might show sixth weekly drop, and Bloomberg Commodity Index falls in relation to its peak value in May, spot price for 62% iron ore is stable at around $62 per ton. Raw material with higher content demonstrates even better results reaching the highest price level since March.

Such increase benefits mining companies, including Rio Tinto Group, BHP Billiton Ltd. and Vale SA, which showed high output levels this week.

Futures in Singapore grew today by 0,4% to $63,95 per ton. LME copper has been falling three days in a row towards $6000 per ton.

Iron ore price growth is caused by higher demand from China. Government’s efforts to curb environmental pollution coming from industrial production resulted in higher prices for better quality ore.