Daily iron ore price update (CISA)

David Llewellyn-Smith

Tuesday, 21 April 2015

Here are the iron ore charts for April 21, 2015:

Spot firmed with Tianjin benchmark up 10 cents to $50.80. But paper weakened with Dalian down yesterday and even further over night, currently trading at 381. 12 month swaps rolled and Rebar average also broke lower.

Reuters has texture:

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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.