Sell the iron ore rips

David Llewellyn-Smith

Thursday 11 May 2023

It was a better day yesterday for iron ore spot prices rising a little to $106.94:

Shanghai futures fell yesterday as well though iron ore lifted a little:

But Dalian futures markets were bashed again last night:

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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.