AUD traders - iron ore price forecasts for 2022

  • A round-up of a few projections for where this primary Australian export is headed.

UBS expects iron ore to average $85 a ton in 2022

  • Citigroup sees $96
  • Capital Economics predicts $70 by the end of next year.

These compare with the current (SGX spot futures) price circa USD126. The price has plunged since

iron ore chart 23 December 2021
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