It’s funny how Iron Ore price falls seem to get all the headlines but when it rallies – radio silence.
So, in the interests of balance, here is a chart of the September 62% FE Iron Ore swap futures contract.
http://edge.alluremedia.com.au/uploads/*/2014/06/Iron-Ore-26062014.pngPicture: Barchart.com
Iron Ore at $95.13 this morning is up 7.29% off the recent low and has broken a three-month downtrend.
It’s a solid bounce and if it can get through the recent high at $95.77 a tonne then the outlook might have changed and a bottom might be in place.
Time will tell.
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Mkt cap ! $8.664M |
Open | High | Low | Value | Volume |
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Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
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Sellers (Offers)
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---|---|---|
3.2¢ | 2722 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 80000 | 0.031 |
2 | 21891 | 0.030 |
1 | 19200 | 0.029 |
1 | 321428 | 0.028 |
1 | 35749 | 0.027 |
Price($) | Vol. | No. |
---|---|---|
0.032 | 2722 | 1 |
0.033 | 370690 | 1 |
0.034 | 333567 | 5 |
0.035 | 23800 | 1 |
0.036 | 366239 | 4 |
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