This should support base metals, and therefore RIO, BHP & Fortiscue.
https://www.bloomberg.com/news/arti...ate-new-shenzhen-triggers-speculative-rampage
The Iron Ore rally has been mostly out of China as speculators buy up futures. China is on holidays until Wednesday, but I see this as underpinning price support for a while. Buy BHP/RIO/FMG on any dips
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Last
$115.95 |
Change
-0.380(0.33%) |
Mkt cap ! $42.98B | |||
| Open | High | Low | Value | Volume |
| $115.67 | $115.99 | $115.10 | $58.95M | 508.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 71 | $115.95 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $115.96 | 16 | 3 |
View Market Depth
| Last trade - 14.24pm 18/09/2025 (20 minute delay) ? |
| RIO (ASX) Chart |