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1.Market Observations, 8.Was Sticky

29 May 2017 (TheAge) – Iron ore down 8.4pc in a week as volatility returns and speculators rethink demand outlook

(29 May 2017, The Age, BusinessDay, p20, Timothy Moore)

‘The spot price of iron ore has again dipped below $US60, with National Australia Bank warning that volatility risk has again risen in the market. Ore with 62 per cent content shed 3.9 per cent to $US57.91 a tonne on Friday ahead of a long weekend in China, according to Metal Bulletin, taking the loss across last week to 8.4 per cent.’



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