Daily iron ore price update (grand re-opening)

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Iron ore price charts for April 4, 2017:

Spot becalmed with China closed. SGX was up yesterday hinting that DCE might reopen up as well on Cyclone Debbie and coal prices.

We shall see.

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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.