Daily iron ore price update (Dragon boats)

Friday, 10 June 2016

No iron ore prices nor charts today given Chinese markets were closed for the Dragon Boat Festival. Singapore 12 month swap rose a touch to $40.09 yesterday. BHP and RIO were slammed in London -4.5% and -3.5% apiece.

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.