WebApr 6, 2024 · Iron Ore Prices. Iron ore prices ticked up in March on resilient demand. Prices averaged USD 128.5 per metric ton in March, which was up 0.7% from February’s price but was 15.5% lower than in the same month last year. On 31 March, the benchmark iron ore 62% Fe import price, including freight and insurance, at the Chinese port of Tianjin was ... WebDec 28, 2024 · UBS Group AG expects iron ore to average $85 a tonne in 2024, while Citigroup sees $96. Capital Economics predicts $70 by the end of next year. “We are …
Iron Ore - 2024 Data - 2007-2024 Historical - 2024 Forecast - Price
WebAug 22, 2024 · The iron ore price has crashed below the trajectory implied by the federal government's budget forecasts. "While higher prices in July 2024 still mean that the year … WebJan 6, 2024 · In 2024, iron ore on the CME lost 27.81% compared to a 70% gain in 2024. Prices fell steadily beginning in April 2024, reaching a low of around $78/tonne in late … finback fish
Iron ore’s price outlook divides analysts - Australian Financial Review
WebJun 29, 2024 · As of now, prices are being supported by a decline in portside stockpiles in China.. Imported iron ore stocked at Chinese ports declined for four consecutive weeks to 123.95 Mt (million tons) as of Jun 25, 2024 — the lowest level in eight months. On top of this, weekly Australian iron ore shipments have been disappointing through June. WebDec 22, 2024 · He also cautioned Fortescue was exposed to growing price discounts on the lower-grade iron ore it produces. According to Mr Cleary, Fortescue’s five-year bull run can extend well into the future ... WebThe US oil benchmark jumped nearly 7% last week after OPEC+ unexpectedly announced that it will reduce output by 1.16 million barrels per day from May until the end of 2024. Saudi Arabia raised its May crude … fin backed dinosaur