Daily iron ore price update (the rollover)

Tuesday, 27 September 2016

Iron ore charts for September 26, 2016:

Tianjin spot fell 0.2% to $56.40. Paper was unchanged overnight. Rebar jumped. The two coals continue to rocket on Chinese restocking but the end is now high as Chinese authorities meet Friday to short-circuit the rally.

In news, SGX provides some good material on coking coal:

The full text of this article is available to MacroBusiness subscribers

$1 for your first month, then:

$24.99 / month

$249 / year

Cancel at any time through our billing provider, Stripe

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.