FMG 0.00% $20.35 fortescue ltd

Iron ore price, page-51820

  1. 1,297 Posts.
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    you missed the crucial part of the report ( for us, FMG investors ) .
    The raw materials inventory index was 48.1%, up 0.7% from the previous month, indicating that the decline in inventories of major raw materials in the manufacturing industry narrowed. still too much of ore in stock can't get rid of.
    luckily for me I sold most of my FMG, and I'll buy them back whenever the uptrend is confirmed.
 
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