Daily iron ore price update (odd man out)

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Iron ore prices for September 21, 2018:

Spot down. Everything else stable. China is closed today.

Still see prices falling to year-end to low-$60s then a stable year for 2019 with expanding stimulus in China and the US.

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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.