Here are the iron ore price charts for June 12, 2015:
Spot eased. Singapore 12 month is still serenely indifferent, Dalian eased too but put it all back on Friday night and is opening today at 452. Rebar average is doomed. Port stocks are still plummeting down 1.8 million tonnes on the week.
So, fundamentals are screwed but the price still bubbly. Reuters has texture:
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