Iron ore price to fall 27% by end of 2022: CBA

The latest commodity price forecast revisions from Commonwealth Bank of Australia (ASX: CBA) could impact ASX dividend investors eyeing long-term payouts from the likes of Fortescue Metals Group Ltd (ASX: FMG) and BHP Group Ltd (ASX: BHP).

Both of the iron ore giants showered investors with record dividend payouts over the past year on the back of all-time high prices for the industrial metal. But CBA is forecasting iron ore prices are due for a significant retrace.