http://www.*.com.au/iron-ore-rockets-back-above-70-to-a-16-month-high-2016-4
Iron ore rockets back above $70 to a 16-month high
Iron ore is back above $70 a tonne, following the lead provided by Chinese futures that finished limit up 6% for a second consecutive session on Thursday.
According to Metal Bulletin, the spot price for benchmark 62% fines surged 8.78%, or $5.69, to $70.46 a tonne, extending this year’s gain to 61.7%.
In percentage terms, the gain was the third largest since spot pricing first began in May 2009.
Since December 11 last year, the benchmark price has surged by an unbelievable 84%.
The price now sits at the highest level seen since January 9, 2015.
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$18.10 |
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-0.340(1.84%) |
Mkt cap ! $55.72B |
Open | High | Low | Value | Volume |
$18.33 | $18.39 | $18.08 | $121.3M | 6.626M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 50 | $18.10 |
Sellers (Offers)
Price($) | Vol. | No. |
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$18.14 | 3000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 50 | 18.100 |
6 | 12557 | 18.090 |
12 | 19363 | 18.080 |
5 | 11162 | 18.070 |
9 | 8574 | 18.060 |
Price($) | Vol. | No. |
---|---|---|
18.140 | 3000 | 1 |
18.190 | 9999 | 1 |
18.200 | 120010 | 9 |
18.210 | 1000 | 1 |
18.220 | 4300 | 1 |
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