Chinese Iron Ore Prices Rising Strongly Again Despite Property Market Fears
Views : 180
Update time : 2021-10-13 19:34:32
Chinese iron ore prices have certainly been on a roller coaster ride this year, hitting a record high in value terms after a period in which the price had risen and fallen sharply.
Futures on the Dalian exchange for delivery in January 2022 are now trading at RMB 777 per ton. That compares with about RMB 1,221 in May.
However, prices are on the rise again, with futures climbing 50% in just the last three weeks.
Aluminium prices diverge as LME gains, SHFE declines amid rising inventories
Tariffs on Mexico finalised, SHFE aluminium weakens due to alumina drag
