Iron Ore CNY decreased 197 CNY/T or 20.12% since the beginning of 2024, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. Historically, Iron Ore CNY reached an all time high of 1337 in May of 2021.
Iron Ore CNY is expected to trade at 765.67 CNY/T by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate it to trade at 705.07 in 12 months time.