Iron ore price

Iron ore prices for November 2, 2018: Spot down.

Let me show you some whacky Chinese housing data from Gavekal.

UBS wraps it up nicely for BHP: BHP has today announced that it will return the full US$10.4bn net proceeds from shale to shareholders almost immediately through a combination of an off-market buyback in Nov/Dec 18 (US$5.2bn) and a special dividend of US$5.2bn (~US$1.01ps) payable in January 2019.

Iron ore price for November 1, 2018: Spot down again.

Iron ore price for October 31, 2018: Spot and paper flat.

Iron ore prices for October 30, 2018: Spot down.

Bloomie has a little coverage the Chinese steel scraptastrophe today: With tighter emission limits, improved furnace technology and output curbs, mills are using more scrap than ever before, according to Goh Kian Guan, chief investment officer at recycler Chiho Environmental Group Ltd.

Iron ore price charts for October 29, 2018: Spot down.

Iron ore prices for October 26, 2018: Spot up.

Iron ore prices for October 25, 2018: All prices were roughly stable except coking coal futures which are still pointing to heaven.

Iron ore prices for October 24, 2018: Spot gone wild.

Iron ore prices for October 23, 2018: Spot eased.

Iron ore prices for October 22, 2018: Spot rocket.

Iron ore price for October 19, 2018: Spot down.

Iron ore prices for October 18, 2018: Spot was firm.

Iron ore prices for October 17, 2018: Spot to the moon.

Iron ore prices for October 16, 2018: Spot up.

Via RIO: Not rally market moving.

Iron ore prices for October 15, 2018: Spot eased.

Iron ore prices for October 12, 2018: Spot was up.

Iron ore prices for October 11, 2018: Spot was down.

Iron ore prices for October 10, 2018: Spot up strongly again.

Iron ore prices for October 9, 2018: Spot jumped.

Iron ore prices for October 8, 2018: Spot down a touch but paper is flying.

The Office of the Chief Economist has done a better job than I over the past year on commodity prices.