Daily iron ore price update (repricing 2014)

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The iron ore price table for December 2, 2013 is below:

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No news today but I will observe that the swaps market is steadily repricing 2014 iron ore contracts upwards currently. We haven’t quite broken to a new high yet on the twelve month but it’s close and the trend looks firm.

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.