Choppy waters ahead for iron ore

IRON ore prices are set to retrace from current levels of US$220 per tonne, but the path to equilibrium looks choppy, RBC Capital Markets said overnight.

Choppy waters ahead for iron ore Choppy waters ahead for iron ore Choppy waters ahead for iron ore Choppy waters ahead for iron ore Choppy waters ahead for iron ore

Iron ore has found strong support of from Chinese demand and a tight supply side.