Daily iron ore price update (the good old days)

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Iron ore prices for February 13, 2017:

rtj

Charts panned back for some perspective:

1 2
swrth
3
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Spot wild. Paper wild. Steel dead. Thermal at new lows. Coking paper catching the iron ore bug. We’re back to the good old days for Pilbara margins.

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About the author
David Llewellyn-Smith is Chief Strategist at the MB Fund and MB Super. David is the founding publisher and editor of MacroBusiness and was the founding publisher and global economy editor of The Diplomat, the Asia Pacific’s leading geo-politics and economics portal. He is also a former gold trader and economic commentator at The Sydney Morning Herald, The Age, the ABC and Business Spectator. He is the co-author of The Great Crash of 2008 with Ross Garnaut and was the editor of the second Garnaut Climate Change Review.