Just the beginning....$58.18 a tonne.
http://www.*.com.au/stimulus-speculation-sends-iron-ore-soaring-2015-9
As suggested by Chinese futures that closed up a mammoth 4% on Wednesday, the iron ore rally has accelerated again.
According to Metal Bulletin, the spot price for benchmark 62% ore jumped by 76 cents, or 1.32%, to $58.18 a tonne.
It was the largest percentage increase since August 28, and left the price at the highest level since July 1.
From its all time record low of $44.59 struck on July 8, the spot price has now added a nifty 30.5%.
Just the beginning....$58.18 a tonne....
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Last
$18.75 |
Change
-0.240(1.26%) |
Mkt cap ! $57.73B | |||
| Open | High | Low | Value | Volume |
| $18.53 | $18.75 | $18.44 | $216.3M | 11.60M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1990 | $18.75 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $18.76 | 47022 | 3 |
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| FMG (ASX) Chart |