Subscribe to RSS feedIron ore set to soar
by
Sam Collyer
—
last modified
Mar 15, 2010 10:11 AM
THE CONTRACT price for iron ore could surge by up to 80% from next month amid rumours that earlier predictions of an increase half that size could be grossly under-estimated.
It comes as market analysis from Commodore Research and Consultancy shows capesize rates hit US$37,804 a day in the first week of March, a 33% increase from the end of February.
The group’s weekly dry bulk report also had panamax...
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