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Goldman Sachs lowers iron ore price forecast $5/dmt to $35/dmt CFR China Read this Platts metals news article here Plus discover more metals market news Citi is the latest bank to take aim at iron ore forecasting prices will fall below $50 a tonne by the end of the year as it downgraded Fortescue Metals Group FMGAU Australia s Dept of Industry on Friday became the latest to forecast lower iron ore prices even as the Northern China benchmark continues to build a solid base above
A worsening mismatch between global iron ore supply and demand prompted JPMorgan Chase to reduce price forecasts through Aug 30 32 Macquarie Bank has made some significant upgrades to its iron ore price forecasts suggesting that recent strength is likely to persist into early Chart 3 Historical and forecast iron ore prices 11 Chart 4 Price of major commodities as multiple of long run Iron ore the bigger picture
Data Bulletin Latest releases of new datasets and data updates from different sources around the worldIron Ore market review trends and forecast resources worldwide world and country production and consumption manufacturers export and import pricesSYDNEY Jan 9 Reuters Australia on Monday forecast a dramatic decline in the price of iron ore its most valuable export commodity over the next two years to
Iron ore forecast to average below $US50 a tonne High iron ore prices at the end of and start of resulted in a rebound in iron ore production in Title Iron Ore Prices Forecast Summary Iron ore was one of the surprising positive performers in Heading into the year forecasts for the commodity were Iron ore and steel forecast and analysis for Q1 by the FastMarkets Research Team There is little to be bullish about until
Video embedded 32 Australia has cut its iron ore price forecast for and citing slow demand growth and a well supplied marketPerspectives on the long term outlook for iron ore For iron ore this reversal in price trend is apparent Metalytics forecasts that world annual iron ore Australia forecasts the price of iron ore will fall to $47 a tonne in as demand from China for steel production is expected to decline
Citi is the latest bank to take aim at iron ore forecasting prices will fall below $50 a tonne by the end of the year as it downgraded Fortescue Metals Group FMGAU Fortescue Metals has indicated the price of iron ore prices may decline heading into as the market makes way for additional supplies from Australia and Iron ore forecast to average below $US50 a tonne High iron ore prices at the end of and start of resulted in a rebound in iron ore production in
Although Goldman Sachs GS is bullish on the near term price forecasts for iron ore it believes that the pressure could return in the long run In the near term it S P cuts metals price forecasts iron ore copper in focus Read this Platts metals news article here Plus discover more metals market news products servicJust when Australia s iron ore miners were starting to feel just a smidgen less worried ANZ economists go and spoil everything
Perspectives on the long term outlook for iron ore For iron ore this reversal in price trend is apparent Metalytics forecasts that world annual iron ore Is it time to buy iron ore shares This article appeared in the November ASX Investor Update email newsletter Iron ore price tumblIron ore was drifting lower on Friday with the Northern China benchmark import price at $ per dry metric tonne 62 Fe CFR Tianjin port according to data
Jun 27 32 Iron ore forecasts at Morgan Stanley have been chopped back for the remainder of the year with the bank flagging prospects for rising low cost production Iron ore prices tumbled Monday October 30 in the wake of new restrictions in Tangshan imposed on sintering and pelletizing facilities due to a forecast The Federal Government had forecast iron ore prices to average WA Premier Colin Barnett used the rallying iron ore price to reaffirm his long held News quiz
Video embedded 32 The world s top iron ore shipper is bullish about prices for the next iron ore outlook forecasting rising prices a strong holiday sales forecastBMI View We have increased our iron ore price forecast to an average of USD70/tonne in compared to USD65/tonne previously as Australia has forecast a steep decline in the price of iron ore its most valuable export commodity calling an end to an unexpected rally fueled by strong demand