Daily iron ore price update (2021 forecast)

Advertisement

Iron ore prices for January 15, 2021:

Advertisement

Everything firm. Port stocks fell last week to around 125mt. China imported 96.75mt in December and 1.17bn in 2020, up 9.5%:

As for the year ahead, my thoughts are these:

Advertisement

The full text of this article is available to MacroBusiness subscribers

$1 for your first month, then:
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.