Iron Ore Price Trend
Iron Ore Commodity. 1 Year change 11428.
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Iron ore prices are currently trending around 22050 per ton more than double the last years levels.
Iron ore price trend. 52 week range 16444 - 21180. Over the past week the price of iron ore has begun to tumble. However the price was up 87 on a year-to-date basis and it was 477 higher than on the same day last year.
This Market Review is a source for detailed information on the market situation. On 6 August the benchmark iron ore 62 Fe import price including freight and insurance at the Chinese port of Tianjin traded at USD 1750 per metric ton mt which was 212 lower than on the same day last month. Iron Ore is expected to trade at 12568 USDMT by the end of this quarter according to Trading Economics global macro models and.
1430 - 1500 London time. According to the iron ore price trends a mine collapse in Brazil and a cyclone in Western Australia which are the important regions producing iron ores have limited the global inventory of iron ores resulting in a sharp rise in their prices. In fact in June last year iron ore prices had breached 100 per ton mark for the.
80 lignes Comment on recent commodity price trends. However the volatility in the demand for steel has resulted in a decline in the iron ore prices. The report contains descriptive and analytical parts enriched with tables and figures for national and global markets.
Iron Ore 62 Fe CFR China TSI Swa. Therefore the buyers are showing reluctance in buying any. Historically Iron Ore reached an all time high of 22950 in May of 2021.
Indian Ferro Chrome prices increased amid improved global market conditions. Steel mills tend to buy actively due to some of them would like to buy with current low price. 72 of retail CFD accounts lose money.
Every day where these days are LME business days Times. Prices for iron ore have been rallying for. These periods have been identified to further support the coalescence of liquidity.
Some traders sell today with a quite pessimistic mind due to decreasing price. Iron Ore - data forecasts historical chart - was last updated on September of 2021. 6m 1y 5y 10y 15y 20y 25y 30y.
Historically Iron Ore 62 FE reached an all time high of 21977 in July of 2021. Feb-2021 Mar-2021 Apr-2021 May-2021 Jun-2021 Jul-2021 15561 16256 16952 17647 18343 19038 19733 20429 21124 2182 22515 US Dollars per Dry Metric Ton. Feb 2021 - Jul 2021.
Ore with 58 per cent iron content plummeted 108 per cent to US13150 a tonne according to NAB. Indian Iron Ore Imports Shoot Up by 44 in FY19. Iron Ore 62 fe decreased 3168 USDMT or 2033 since the beginning of 2021 according to trading on a contract for difference CFD that tracks the benchmark market for this commodity.
Global iron ore production is projected to grow at 2-23 annually as a result of substitution of Chinas domestic production of iron ore with imports particularly from Australia and Brazil. 1430 - 1500 Hong Kong time. Youll find the closing price open high low change and percentage change for the selected range of dates.
Iron Ore Monthly Price - US Dollars per Dry Metric Ton. DCE iron ore futures continued to decrease slightly today the spot quotation decreased by around 35-40yuanmt over yesterday. Iron ore prices tumbled in recent weeks due to signs of waning demand from China and increasing supply.
In China there is decrease in VAT rates from 16 to 13 which would have been effective from 1st Apr19 but the notification is still awaited. The industry standard specification is 62 Fe CFR China. The iron ore spot price became a mature benchmark in 2008 when Platts started publishing daily assessments.
Data delayed at least 30 minutes as of Jul 01 2021 1459 BST. At the foot of the table you will find the data summary for the selected range of dates. On May 12 prices reached an all-time high of US23757 a tonne but in less than two weeks they have dropped close to.
Todays Change 512 241. The decline in lower grade iron ore spot prices led the sell-off last Friday. 50340 3073 Line Chart.
Access historical data for Iron ore fines 62 Fe CFR Futures. JavaScript chart by amCharts 3204. The Steel Index and Metal Bulletin followed suit shortly afterwards.
Market forecasts for the next. The data is viewable in daily weekly or monthly intervals. Iron ore any origin fines spot.
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