i personally think 5.50 - 5.60 may come into play here, if these support levels at 5.85 fall ???
just seems to be tracking IO futures lower, low seasonal demand, high inventories, china pollution problems
IO futures turn lower and test the 530 yuan levels again, i see no reason FMG wont be tracking along
selling any strength, looking for the bottom - look to buy end of jan i think
Iron Ore Price, page-15992
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Last
$19.47 |
Change
-0.260(1.32%) |
Mkt cap ! $59.94B | |||
| Open | High | Low | Value | Volume |
| $19.65 | $19.65 | $19.37 | $126.0M | 6.462M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1000 | $19.47 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $19.50 | 24291 | 3 |
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| Last trade - 16.10pm 11/10/2024 (20 minute delay) ? |
| FMG (ASX) Chart |