FMG 0.43% $16.13 fortescue ltd

Iron ore price, page-54426

  1. 3,833 Posts.
    lightbulb Created with Sketch. 760
    WA government has forecast it to go as low as $75US/T but they always have it down
    so when they do their budgets they can have a massive surplus to show off.

    I think its likely to go as low as $85US/T.

    Its likely to pick up again next month which has been the norm the last few years.
    As stock piles run down they tend to buy more IO from Oct to about March the the price dips down again.

 
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