Shazaam! Citi increase forecasts
Gee could you see this coming? ;-)
Citi raising their second and third quarter iron ore prices to $58 and $48 per ton, respectively, from a previous $44 and $36.
Story 1 - WSJ.
18 June 2015
Analysts at Citigroup have increased their price forecasts for iron ore for the second and third quarters of the year by about one-third.
Read story for full details.
http://www.wsj.com/articles/iron-ore-reprieve-offers-miners-slight-relief-overheard-1434655371
Story 2 -Barron's Asia
18 June 2015
Here Are The Miners That Will Benefit From Higher Iron Ore: Citi
By Teresa Rivas
http://m.barrons.com/articles/BL-231B-8548
Read story for full details.
Iron Ore Price, page-79
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