iron ore up 1.2% today to $111.80, page-14

hi Robot agree 6.00 is easy hit if prices jump to 120 to 130 in fact would say a bit more than 6.00 i think. But expect if ore price stays at 110 average till June it will also be in the same range at that time

Would not expect to see a big jump in o/p but in the next 3 month expect some rises to may be average 115 to 120 while china ramps up production on steel. The latter 6 month is a bit of a mystery with expected over supply versus demand.
I feel this over supply will reduce the volatile trading some what and settle into a steady pattern.

the average price in latter half of year will depend on china's demand of course and hope it will grow as predicted.

i would imagine by year end fmg with its forecast dept reduction plan and more good reviews similar as its been getting i can see between 7 and 7.50 to be a chance.