Iron ore price, page-27701

Iron Ore $158.50US/T
https://www.sgx.com/derivatives/products/iron-ore?cc=FEF

Meanwhile Brazil been hit very hard by the variant of the virus which already accounts for 50% of new cases.
Can't see them shipping out much with their entire workforce out of action.

WA in lock down with the UK mutated virus and a cyclone up north.
World events taking hold on stocks.

Only real hope is if Bidens $1.9 trillion package gets through then we may see everything go up.
Many countries are closing their borders.

February 18 is the date to be looking forward then the stock may rise $2 over a day or two.

Been looking at the graphs over the last 5 years with FMG and each time as we lead into the div period FMG
stocks get smashed and after payout they shoot back up. Its a never ending cycle.

For the ones that hate shorters this is a good article
https://www.bbc.com/news/business-55843829

Its a wonder no one has thought of setting something like this up here in oz to take on the shorters so hedge funds lose billions.