Wrong Piggy.
The FE prices haven't consistently followed that pattern since 2013.
In fact ave FE prices for the last five years have followed a very different pattern to the one you expressed found in the last boom. Over the last few years the prices have simply continued to grow over the Jan / Feb period.
Prices in 21 continued to grow until it peaked in Jun/ July.
i recommend everyone checks out the history of iron ore pricing , check out market index and down load the last 40 years price history.
Iron ore will be back over $200US/T inside 3 months, page-13
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$20.47 |
Change
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Mkt cap ! $63.02B | |||
| Open | High | Low | Value | Volume |
| $19.90 | $20.64 | $19.90 | $227.3M | 11.13M |
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| No. | Vol. | Price($) |
|---|---|---|
| 3 | 2983 | $20.45 |
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| Price($) | Vol. | No. |
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| $20.50 | 2160 | 2 |
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