MGU magnum mining and exploration limited
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Iron Ore price watch

  1. stephenc678
    243 Posts.
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    11/08/21
    08:43
    Post #: 55190606
    Interesting day ahead with CommSec today reporting a 5.3% drop in iron ore price, down to $162.20, though this was reflected yesterday in other indexes.

    http://www.custeel.com/en/csi.jsp
    DateSeaborne index 58% Fe finesSeaborne index 62% Fe finesSeaborne index 65% Fe fines
    12021-08-10115.00162.00191.70
    22021-08-09117.00163.80194.20
    32021-08-06121.00171.00201.70
    42021-08-05120.00169.50200.70
    52021-08-04131.00182.80213.70
    62021-08-03131.50183.80214.70
    72021-08-02129.50182.10213.70
    82021-07-30128.30180.10212.50
    92021-07-29138.60194.20229.00

    Might see a small improvement in the close prices tomorrow though with Dalian Iron Ore futures up ~3% overnight.

    http://www.dce.com.cn/DCE/Products/Industrial/Iron%20Ore/index.html

    https://hotcopper.com.au/data/attachments/3455/3455955-08d6e5c8caf23721a3fc0fb652679258.jpg


    MGU Price at posting: 13.0¢ Sentiment: None Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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