Daily iron ore price update (into the unknown)

Monday 9 October 2017

Iron ore price charts for October 9, 2017:

Tianjin benchmark fell 10 cents to $61.60, outdoing paper which firmed slightly overnight. Coking coal is falling fast. CISA mid-September output was easing as normal.

The winter shutdowns are all the rage now, via Reuters:

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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.