Daily iron ore price update (nobody knows)

David Llewellyn-Smith

Monday 13 November 2017

Iron ore price charts for November 10, 2017:

Tianjin benchmark was up 10 cents to $62. The debate is raging around the impact of shutdowns, Via Domainfax:

“I think the next three to six months is going to be fascinating because never in anyone’s lifetime have we seen mandated shuts on a scale we are about to see,” says UBS’ veteran resources analyst Glyn Lawcock.

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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.