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Iron ore prices could rally as one leading producer remains reluctant to share, analyst says

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Update time : 2023-02-01 20:10:26

Exports of iron ore out of India are set to remain low as the world's fourth-largest producer reserves more of the commodity for its domestic use, according to commodity intelligence service Kpler.
"Indian iron ore exports ... have really come off in the last few months. And that is quite indicative that domestic consumption there is very strong," said Reid l'Anson, Kpler's senior commodity analyst.

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