Original article by Jens Meyer
The Australian Financial Review – Page: 27 : 22-Dec-15

The spot price of iron ore for delivery to China’s Port of Qingdao recently recovered to $US40.10 per tonne, after falling to $US38.30 in early December 2015. However, most analysts surveyed by Reuters do not expect a significant rebound in the iron ore price in 2016. The median forecast is that iron ore with 62 per cent content for delivery to China will average $US47/tonne. However, Clarksons Platou Futures’ Kelly Teoh forecasts an average price of $US38.50/tonne.

CORPORATES
REUTERS HOLDINGS PLC, CLARKSONS PLATOU FUTURES, PORT OF QINGDAO, AUSTRALIA AND NEW ZEALAND BANKING GROUP LIMITED – ASX ANZ, MACQUARIE GROUP LIMITED – ASX MQG, ROY HILL IRON ORE PTY LTD