Goldman Sachs sees ‘clear deficit’ of iron ore

  1. 496 Posts.
    lightbulb Created with Sketch. 66
    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.
 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)
Last
24.0¢
Change
-0.010(4.00%)
Mkt cap ! $56.88M
Open High Low Value Volume
24.0¢ 24.0¢ 24.0¢ $252 1.05K

Buyers (Bids)

No. Vol. Price($)
2 165000 23.0¢
 

Sellers (Offers)

Price($) Vol. No.
24.0¢ 2950 1
View Market Depth
Last trade - 15.34pm 25/07/2025 (20 minute delay) ?
CZR (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.