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Iron ore - supply and demand rides again
Topic Started: 30 May 2014, 03:23 PM (44,281 Views)
Foxy
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Zero is coming...

Oh dear.
http://news.smh.com.au/breaking-news-business/arrium-accepts-iron-ore-discount-prices-20140721-3cass.html

Peter

Just $25 per ton to go
http://www.afr.com/content/dam/images/g/n/2/1/u/8/image.imgtype.afrArticleInline.620x0.png/1456285515560.png
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Thatguy
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dachopper
6 Jul 2014, 05:07 PM
I wonder if the cost of booze will go down in Perth now ?
At a mining get together last week in Perth this exact optic came up in the coffee breaks. A few people said they had heard of price reductions around town and in places already. Obviously most talk was on the job layoffs.
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Foxy
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Zero is coming...

Small bars??
http://www.afr.com/content/dam/images/g/n/2/1/u/8/image.imgtype.afrArticleInline.620x0.png/1456285515560.png
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szokolay
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Mustapha Mond
21 Jul 2014, 11:32 PM

<<<Arrium said it had received an average realised price of $US85 >>>

Oh dear alright! WA iron won't be handing the government much in the way of taxes at these levels. I think gold exports must be the big revenue source by now.
Gold production hits 10-year high in Australia
http://www.abc.net.au/news/2014-03-03/gold-production-hits-ten-year-high/5295622

supply and demand
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Foxy
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Zero is coming...

http://www.macrobusiness.com.au/2014/07/daily-iron-ore-price-update-property-problem/

This is said to be a property forum??

The elephant in the room is of no interest to almost everyone.

But thats ok.

Foxbat told me that.

Peter
http://www.afr.com/content/dam/images/g/n/2/1/u/8/image.imgtype.afrArticleInline.620x0.png/1456285515560.png
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newjez
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Mustapha Mond
22 Jul 2014, 11:46 AM
http://www.macrobusiness.com.au/2014/07/daily-iron-ore-price-update-property-problem/

This is said to be a property forum??

The elephant in the room is of no interest to almost everyone.

But thats ok.

Foxbat told me that.

Peter
That's premium content. Care to summarize in a few words?
Whenever you have an argument with someone, there comes a moment where you must ask yourself, whatever your political persuasion, 'am I the Nazi?'
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szokolay
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News you have to pay for is usually not news of any importance anyway. It's one of those cases where the best things in life are free.
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SittingOnDeFence
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vdmruss
30 May 2014, 11:18 PM
I came across this image.

Posted Image

To be honest it scared me a bit :huh: . I thought Australia was more diversified when it came to exports.

Given where the thread went - is there an updated graphic like this fro the last 6 months?
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Foxy
Member Avatar
Zero is coming...

This song says it all.
https://www.youtube.com/watch?v=-WRAtnedUaY

As the king said.

https://www.youtube.com/watch?v=6Rtz8jY0e0I

It's over.

https://www.youtube.com/watch?v=KmThZvpzNQM

Peter
Edited by Foxy, 22 Jul 2014, 11:12 PM.
http://www.afr.com/content/dam/images/g/n/2/1/u/8/image.imgtype.afrArticleInline.620x0.png/1456285515560.png
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Foxy
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Zero is coming...

http://www.theaustralian.com.au/business/in-depth/juniors-will-have-to-slash-price-to-export-lowgrade-ore-walsh/story-fnivd8cj-1226999271092

A world of pain.

The benchmark spot iron ore price has fallen 29.3 per cent so far this year, and last traded at $US95.40 a tonne.

House prices??
Supply and demand??
You bet. :bye:
Peter
Edited by Foxy, 24 Jul 2014, 02:17 AM.
http://www.afr.com/content/dam/images/g/n/2/1/u/8/image.imgtype.afrArticleInline.620x0.png/1456285515560.png
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