From Marcus Today:
Iron ore jumps more than 7% as the Chinese government promises to focus on economic stability next year. The supply side of the equation isn't expected to change that much so the big mover for the market will come from the demand side, which at this stage seems tied to Chinese property market policy and stimulus. Expect the price to be sensitive to those types of announcements from the Chinese government. The turnaround is obvious in the iron ore stocks.
From Marcus Today:Iron ore jumps more than 7% as the Chinese...
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Last
$7.01 |
Change
0.270(4.01%) |
Mkt cap ! $3.632B | |||
| Open | High | Low | Value | Volume |
| $6.82 | $7.11 | $6.81 | $12.05M | 1.717M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 15697 | $7.00 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $7.02 | 6000 | 1 |
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| Last trade - 16.10pm 07/10/2024 (20 minute delay) ? |
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