Iron ore price, page-712

Iron ore for delivery to China's Qingdao port slipped 12 cents to US$81.66 a tonne on Friday. AUD down to US$0.745. Iron Ore is now AU$109.87

From AFR Weekend

"We think the likelihood of a sustained downturn in iron ore prices looks increasingly unlikely, with risks skewed to the upside over the next 12 months," Daniel Hynes, commodity strategist at ANZ Bank, wrote in a report.

"A combination of seasonally strong steel demand in China and risks of further supply disruptions could see the market enter a period of tightness in the second half of 2017, which should support prices."

http://www.copyright link/business/...bullish-sentiment-seen-intact-20161209-gt86gi