Daily iron ore price update (seasonal smash)

Thursday 17 September 2020

Iron ore prices for September 16, 2020:

Seasonal weakness is upon us. We could easily fall to $100 over the next month or so. BTFD for a new year bounce if it fits your horizons.

Chinese empty apartments are fine:

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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.