Goldman observed that low iron ore inventory in China, the world’s third largest producer, is also set to contribute to the shortfall.“With onshore mill restocking risk ahead of Chinese New Year and low supply chain inventories to buffer against supply disruption risk, the risk is skewed to the upside near term.”The expected shortfall is a reversal from Goldman’s previous forecast for a surplus, with the investment bank’s analysts raising their iron ore price forecast by as much as over 20 per cent.
- Forums
- ASX - By Stock
- CZR
- Goldman Sachs sees ‘clear deficit’ of iron ore
Goldman Sachs sees ‘clear deficit’ of iron ore
-
-
- There are more pages in this discussion • 2 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add CZR (ASX) to my watchlist
|
|||||
Last
24.5¢ |
Change
0.005(2.08%) |
Mkt cap ! $57.92M |
Open | High | Low | Value | Volume |
24.0¢ | 24.5¢ | 24.0¢ | $16.78K | 69.85K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 43265 | 23.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
25.0¢ | 117648 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 43265 | 0.235 |
2 | 89178 | 0.230 |
1 | 4000 | 0.225 |
1 | 100000 | 0.215 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
---|---|---|
0.250 | 117648 | 1 |
0.265 | 62760 | 2 |
0.270 | 153551 | 4 |
0.280 | 43845 | 1 |
0.300 | 205177 | 3 |
Last trade - 16.10pm 30/08/2024 (20 minute delay) ? |
Featured News
CZR (ASX) Chart |
The Watchlist
CCO
THE CALMER CO INTERNATIONAL LIMITED
Anthony Noble, MD & CEO
Anthony Noble
MD & CEO
Previous Video
Next Video
SPONSORED BY The Market Online