Daily iron ore price update (Palmer pain)

by Chris Becker

Spot iron ore prices leaped over 2% yesterday while 12 month futures were marginally higher as the Singaporean exchanges reopened, the Dalian exchanges and rebar prices slipped as US/China tensions continued to boil over:

Meanwhile, the perennial prick, malcontent and literal deadweight Clive Palmer is up to no good again, wielding his outsize powers in the courts, this time over his Pilbara iron ore stake.