Commodity Market Report
Global iron ore short-term outlook November 2023
Report summary
Despite near-term concerns around downstream demand as China enters its weak construction season during the winter, prices have continued to trend higher. November averaged US$130.5/t, up by US$11.5/t month-on-month, as sentiment remains positive from more funds being poured into the Chinese economy. In addition, the lack of restrictions on steel output as economic growth is prioritised, as well as indications that Beijing appears willing to guarantee support to the largest troubled property developers, have further fuelled the recent sentiment-driven surge in iron ore prices.
Table of contents
- No table of contents specified
Tables and charts
No table or charts specified
What's included
This report contains:
Other reports you may be interested in
Commodity Market Report
Global iron ore short-term outlook February 2024
Iron ore prices slide on demand concerns and a build-up of inventories
$5,000
Commodity Market Report
Global iron ore strategic planning outlook – Q1 2024
Iron ore price set to ease as Chinese demand declines gradually
$10,000
Commodity Market Report
Italy power long-term sensitivity: Impacts of commodity price variability (hourly data)
Hourly data from our sensitivity analysis quantifying the impact of commodity price variations.
$18,000
