FMG 3.61% $20.10 fortescue ltd

Iron ore price, page-27552

  1. 3,923 Posts.
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    I'd say it is the Chinese lunar New Year effect- starts in under two weeks, Feb 12, and slows down manufacturing for a bit. As well they are implementing fairly harsh restrictions in the Beijing area due to a small uptick (54 new cases yesterday) in Carona virus, and fear of spread during the Chinese New Year.

    A bit of disruption happening. Should be short lived.
    Last edited by jhunt: 29/01/21
 
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