IO prices up further yesterday
[April 9] Seaborne Iron Ore Daily Comments
Mysteel Iron Ore Index increased. Price index of 62% Fe Australian fines was at CFR $139/dmt, up $1/dmt and that of 58% Australian fines was at CFR $129/dmt, up $1/dmt.
Not far from my prediction of US$140/tonne by the end of this week ( still 3 days to go)
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