Australian LNG Australian Shares Commodities Gold Iron ore price

Dalian opens, soars

David Llewellyn-Smith

Wednesday 8 February 2017

Never let good sense get in the way of iron ore! Dalian is open and off to the races again:

I am presuming that it is because of this tropical low:

However, Port Hedland is still operating as I write so perhaps it’s just Banana Man again.

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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.