Speculators keep iron ore price sizzling, divorced from fundamentals

Capt. John

Iron ore prices may extend their steep gains in coming weeks, buoyed by speculators and supply chain disruptions, but rising supplies are set to eventually undermine the rally. Iron ore is one of the top performing assets this year, with futures on China’s Dalian Commodity Exchange surging by more...

https://www.hellenicshippingnews.com/speculators-keep-iron-ore-price-sizzling-divorced-from-fundamentals/

Leave a Comment

Join Our Newsletter
Enter your email to receive a weekly round-up of shipping news.
icon