Daily iron ore price update (cautious calm)

Thursday, 14 February 2019

Iron ore prices for February 13, 2019:

Everything down but easing. Who knows where we go next in the short term? So long as there are no more Vale shocks then I’d expect material downside over the next three months but that’s in the lap of the mining gods now.

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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.