Daily iron ore price update (smashed)

Friday, 20 November 2015

Here are the iron ore charts for November 19, 2015:

Tianjin benchmark fell 1.84% to $45.05. Paper is burning though Dalian recovered some of yesterday’s steep losses overnight. Rebar is a train wreck.

Texture from Bloomberg:

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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.