Daily iron ore price update (Brazil bounce)

David Llewellyn-Smith

Thursday 6 June 2019

Iron ore prices for June 5, 2019:

Nothing burger action. From Argus:

Brazil’s iron ore exports remain on the recovery track, with May shipments totalling 29mn t, up from 18.3mn t in April, economy ministry data show.

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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.