Daily iron ore price update (cyclonic action)

Tuesday 7 February 2017

Wild action in spot. Since when did raging new highs in port stocks trigger panic buying? Paper too. Steel stable. This helps explain it:

Tropical Low advice #1

07/02/17

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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.