sure - but just bear in mind this is spot price comparison.
what is important is the average price received over 12 months.
when people get their knickers in a knot they tend to forget prices also go back up.
having said that - I've felt the overall trend to oversupply is likely to keep lowering average iron ore prices over next few years - unless the rest of the world can start growing steel consumption/demand again.
I do see upside risk of this in 2016
in the meantime it wont be a straight line down
as ive said for a long time now - iron ore plays are now trading stocks - not long term investments.
but great trading stocks if you have the stomach for it
Fortescue’s China iron ore discount nears GFC levels, page-13
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