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1.39% $15.98 fortescue ltd

Iron ore price, page-37868

  1. PigsMightFly
    7,705 Posts.
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    20/09/21
    12:07
    Post #: 56202632
    Your chart isn't inflation adjusted so it massively exaggerates the 'trend' to higher prices.

    Here's the five year chart. Just two very short spikes above $100 and n average price around $80.
    https://hotcopper.com.au/data/attachments/3600/3600401-05a92e426804561dd27358e16f2c8e32.jpg
    https://tradingeconomics.com/commodity/iron-ore



    Last edited by PigsMightFly: 20/09/21
    FMG Price at posting: $14.18 Sentiment: None Disclosure: Not Held
    Likes Created with Sketch. 3  Upvote
    lightbulb Created with Sketch.  Great analysis
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