Australian LNG Commodities Iron ore price

Big iron melts as big gas detonates

Wednesday, 14 October 2015

Big iron ore is melting today with BHP down modestly at -1%, RIO and FMG off -0.7%:

Dalian futures are up 2 points.

In gas land someone lit a match and WPL is down -2.2%, its takeover target OSH is down -2.4% and both STO and ORG are crashing again down -7.2% and -6.4% respectively:

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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.