Sell iron ore with both hands

David Llewellyn-Smith

Tuesday 4 May 2021

The iron ore market is closed for China’s Labour Day holiday but there is a range of material to report upon.

First up, Brazilian exports were soft in April at 25.8mt:

Australian exports were weak as well:

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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.