Settlements have analysts forecasting ore price rise.

Australasian Business Intelligence, June, 2009

Byline: Matt Chambers

Jun 15, 2009 (The Australian - ABIX via COMTEX) -- An increasing number of experts now forecast that iron ore benchmark prices negotiated between Australian producers and Asian buyers will in fact rise by some 5%, despite previous estimates for a fall of around 8%. Meanwhile talks on the 2009 price continue with Chinese clients, who unlike Japanese and South Korean ones want more than a reduction of a third from last year's price.

Publication Date: 16 June 2009

 
BHP BILLITON LIMITED - ASX BHP 
RIO TINTO LIMITED - ASX RIO 
MACQUARIE GROUP LIMITED - ASX MQG 
CREDIT SUISSE (AUSTRALIA) LIMITED 
GOLDMAN SACHS JBWERE PTY LTD 
CHINA IRON AND STEEL INDUSTRY ASSOCIATION 
XINHUA NEWS AGENCY 
COMPANHIA VALE DO RIO DOCE 
RIZHAO...

            
        
    
    	    
                
                
	

		

					 
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