FMG 3.61% $20.10 fortescue ltd

IO is often low this time of the year.It picks up again in...

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    IO is often low this time of the year.

    It picks up again in October for higher IO prices up to about March before it sinks again.
    As with the graph below early October was the start of the IO price rise before it
    started to fall back around March.

    It has more to do with mine sites needing more ore which is why prices fluctuate.

    https://hotcopper.com.au/data/attachments/6389/6389613-8237248326134a0dd5848d98a69e5435.jpg

 
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