Chart
Description: Iron Ore, 67.55% iron content, fine, contract price to Europe, FOB Ponta da Madeira, US cents per dry metric tonne unit
Unit: US cents per Dry Metric Ton
Source: International Monetary Fund
See also: Mineral production statistics
| Month | Value |
| May 2009 | 101.00 |
| Jun 2009 | 101.00 |
| Jul 2009 | 101.00 |
| Aug 2009 | 101.00 |
| Sep 2009 | 101.00 |
| Oct 2009 | 101.00 |
Related News
'Chatter' holding back BHP
Business Day - 2009/11/21 00:07:47
BHP Billiton cannot wait for next week's anniversary of its failed scrip bid for Rio Tinto to pass. Not because it wants to bid again, but because it believes that hedge fund chatter that it will return with a bid is holding back its share price.
James Passin: The Feedback Loop
Kitco.com - 2009/11/20 21:30:50
Today's extraordinary loose monetary conditions are "benefiting hard assets," according to James Passin, co-founder and manager of Firebird Global Fund and Firebird Global Fund II. Surplus liquidity is flowing into ETFs that buy commodity futures and physical commodities, which James says, is "creating a feedback loop" that is driving up the price of resources.
Slowdown in developed markets to impact exporters
Business Standard India - 2009/11/20 18:49:34
The slowdown in developed markets is having an adverse impact on export oriented and transnational companies. There is no doubt that the world economic outlook has turned unfavourable.
Uranium and Gold Exploration Spending Both Down in Last Year
The Daily Reckoning - 2009/11/20 05:39:53
It turns out they are, just not in Australia. The ABARE numbers measure exploration spending within Australia. But many Australian-listed firms are looking for gold and uranium in other places, especially in Africa. They're doing so because production costs are lower there, even if political risk is higher (although in some places, it's more than acceptable for the projects on offer).
Ore prices not so iron-clad
The Age - 2009/11/20 02:11:30
A bonanza in new iron ore mining projects may herald lower prices, a leading analyst says.
ICE Announces Introduction of Cleared Iron Ore Swap
ITNews - 2009/11/20 01:41:33
SINGAPORE, November 20 /PRNewswire/ -- IntercontinentalExchange, Inc. (NYSE: ICE), a leading operator of global regulated futures exchanges, clearing houses and over-the-counter (OTC) markets, today announced the introduction of an ICE OTC cleared iron ore contract based on the well-regarded Platts Iron Ore Index.
Brazil ‘Buy’ Ratings Sink as Mobius Sees Stock Gains (Update2)
Bloomberg - 2009/11/19 20:47:01
Nov. 19 (Bloomberg) -- Emerging markets analysts are cutting their “buy” ratings on Brazil to a record low as the world’s biggest gains push equities to their priciest levels in six years and the government adds taxes to slow the rally.
Commodity Rally Drives Mining Stocks Higher as Dollar Drops
Bloomberg - 2009/11/18 13:06:36
Nov. 18 (Bloomberg) -- Commodities rose as the recovering world economy spurred demand for raw materials, sending gold to a record and mining stocks higher. Oil advanced for a third day as the dollar fell.
Commodity demand roaring back
Herald Sun - 2009/11/16 23:11:02
THE world's biggest resources fund manager has painted a strong outlook for global commodities demand
Brazil Stocks Jump to 4-Week High on Commodity Gain, Job Growth
Bloomberg - 2009/11/16 21:16:58
Nov. 16 (Bloomberg) -- Brazilian stocks advanced to a four- week high as commodity prices rose and the nation’s job growth accelerated more than analysts estimated, bolstering expectations for faster economic expansion.
