Our latest Global Iron ore Fundamentals report is available. Feel free to request a copy at info@drybulkx.com. This report provides unparalleled, real-time, and forward-looking insights into the iron ore fundamentals, encompassing:

1. Real-time Exports and Imports

2. Real-time International and Chinese Balances

3. Domestic mining output

4. Stockpiles

Prices for 62% FE CFR China have increased by an additional $10, reaching $131 per ton since our last report. The surge in prices can be attributed to low export flows from Australia and Brazil, coupled with resilient Chinese demand and low stockpiles at the ports. However, despite the macro tailwind from Chinese fiscal policy, DBX anticipates a decline in prices in December, primarily due to increased supply from Australia and Brazil.

Stay ahead of the curve with the Global Iron Ore Fundamentals report and make data driven informed decisions in this dynamic market

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