Daily iron ore price update (ignoring Dalian)

David Llewellyn-Smith

Friday 23 November 2018

Iron ore prices for November 22, 2018:

Spot down hard despite soaring paper. For once the physical market dynamics might actually dictate price to the Dalian nutters. Steel is still weak.

Looks like there’s further downside ahead as there should be.

The full text of this article is available to MacroBusiness subscribers

$1 for your first month, then:

$24.99 / month

$249 / year

Cancel at any time through our billing provider, Stripe

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.