Iron ore down again today at $153.75 US/T
https://www.sgx.com/derivatives/products/iron-ore?cc=FEF
Another cyclone up north developing which is why iron ore price might be dipping like the recent cyclone sent prices down to this level then bounced back up after the cyclone went away.
Could also be a market correction starting to take place.
Fears of major global shut downs due to the variants of the corona virus.
Its a perfect storm developing and our market may take another hit tomorrow.
European markets down nearly 1% tonight so far. US market opens in about 3 hours then we see what happens.
Buy in fear and sell in greed.
Iron ore price, page-27539
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