Hi Jhunt
I think the futures fell late Friday due to some macro data in China showing new home sales dropped considerably in Feb. also pmi was down for Feb as well. However, the outcome of the meetings will provide direction to the price in the short term.
It is hard to gauge the data for the first couple of months as the timing of CNY usually has a very big impact on how the economy performs during that time. It was very late this year. Steel mills starting closing shop a bit earlier relative to the timing of CNY and downstream demand has been slow on restarting ops post CNY.
- Forums
- ASX - By Stock
- Iron ore price
Hi Jhunt I think the futures fell late Friday due to some macro...
-
- There are more pages in this discussion • 3,611 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add FMG (ASX) to my watchlist
(20min delay)
|
|||||
Last
$20.10 |
Change
0.700(3.61%) |
Mkt cap ! $61.88B |
Open | High | Low | Value | Volume |
$20.26 | $20.49 | $19.94 | $337.2M | 16.71M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 38056 | $20.09 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$20.15 | 20000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 7000 | 20.080 |
1 | 5000 | 20.050 |
3 | 2700 | 20.020 |
8 | 2885 | 20.000 |
1 | 2500 | 19.990 |
Price($) | Vol. | No. |
---|---|---|
20.160 | 11740 | 2 |
20.180 | 180 | 1 |
20.200 | 966 | 1 |
20.260 | 3200 | 1 |
20.280 | 993 | 1 |
Last trade - 16.10pm 27/09/2024 (20 minute delay) ? |
Featured News
FMG (ASX) Chart |