{"id":1356,"date":"2011-10-17T03:53:34","date_gmt":"2011-10-17T07:53:34","guid":{"rendered":"http:\/\/goldstocksforex.com\/?p=1356"},"modified":"2011-10-17T03:53:34","modified_gmt":"2011-10-17T07:53:34","slug":"westpac-economic-update-spot-iron-prices-falling","status":"publish","type":"post","link":"https:\/\/thepatientinvestor.com\/index.php\/2011\/10\/17\/westpac-economic-update-spot-iron-prices-falling\/","title":{"rendered":"Westpac Economic update &#8211; Spot iron prices falling"},"content":{"rendered":"<p>Spot iron ore prices have fallen quite sharply over the last 2 weeks, down 8% to $158\/t. In the last 4 weeks, Australian spot fines, as measured by the TSI, are down almost 12% landed in China.<\/p>\n<p>Westpac forecast spot prices of around US$140\/t by mid 2012. <\/p>\n","protected":false},"excerpt":{"rendered":"<p>Spot iron ore prices have fallen quite sharply over the last 2 weeks, down 8% to $158\/t. In the last 4 weeks, Australian spot fines, as measured by the TSI, are down almost 12% landed in China. Westpac forecast spot prices of around US$140\/t by mid 2012.<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[40,41,8],"tags":[3205],"class_list":["post-1356","post","type-post","status-publish","format-standard","hentry","category-australia-nz-countries-regions","category-china-hk","category-gold-commodities","tag-spot-iron-ore"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Westpac Economic update - Spot iron prices falling - the patient investor<\/title>\n<meta name=\"robots\" content=\"noindex, follow\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Westpac Economic update - Spot iron prices falling - the patient investor\" \/>\n<meta property=\"og:description\" content=\"Spot iron ore prices have fallen quite sharply over the last 2 weeks, down 8% to $158\/t. In the last 4 weeks, Australian spot fines, as measured by the TSI, are down almost 12% landed in China. 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From an export profitability perspective, falls in the Australian dollar and Brazilian real have more than covered the US dollar spot decline. Even\u2026","rel":"","context":"In &quot;Australia &amp; NZ&quot;","block_context":{"text":"Australia &amp; NZ","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/countries-regions\/australia-nz-countries-regions\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":13016,"url":"https:\/\/thepatientinvestor.com\/index.php\/2016\/03\/16\/iron-ore-price-correction-in-full-swing-mining-com\/","url_meta":{"origin":1356,"position":2},"title":"Iron ore price correction in full swing | MINING.com","author":"ColinTwiggs","date":"March 16, 2016","format":false,"excerpt":"Frik Els: Iron ore is now down 18.3% from a high above $63 struck last week following an insane one-day rally. .....SGX was the first to launch iron ore derivatives in April 2009 and so-called open interest \u2013 a measure of market participation \u2013 has surged to an all-time high\u2026","rel":"","context":"In &quot;Australia &amp; NZ&quot;","block_context":{"text":"Australia &amp; NZ","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/countries-regions\/australia-nz-countries-regions\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":25738,"url":"https:\/\/thepatientinvestor.com\/index.php\/2021\/05\/12\/iron-ore-bull-bear-outlooks\/","url_meta":{"origin":1356,"position":3},"title":"Iron ore: Bull &#038; bear outlooks","author":"Colin Twiggs","date":"May 12, 2021","format":false,"excerpt":"Iron ore prices are soaring but there are widely differing views about how long this will last. From Investing.com: Ark Invest\u2019s Cathie Wood, whose ARK Innovation ETF was the top-performing U.S. equity fund last year.....said in a webinar Tuesday that she sees spiking commodity prices as a sign that businesses\u2026","rel":"","context":"In &quot;China &amp; HK&quot;","block_context":{"text":"China &amp; HK","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/countries-regions\/china-hk\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":1561,"url":"https:\/\/thepatientinvestor.com\/index.php\/2011\/10\/25\/iron-ore-crash-macrobusiness-com-au\/","url_meta":{"origin":1356,"position":4},"title":"Iron ore crash &#8211; macrobusiness.com.au","author":"ColinTwiggs","date":"October 25, 2011","format":false,"excerpt":"Spot iron ore prices have shed 19 percent so far this month in a sell-off largely fueled by slower construction steel demand in China, the world\u2019s biggest buyer of imported iron ore at around 400 million tonnes a year. In Europe, a more important market for Vale than Rio, steel\u2026","rel":"","context":"In &quot;China &amp; HK&quot;","block_context":{"text":"China &amp; HK","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/countries-regions\/china-hk\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":21327,"url":"https:\/\/thepatientinvestor.com\/index.php\/2020\/08\/27\/australian-iron-ore-exports-fall\/","url_meta":{"origin":1356,"position":5},"title":"Australian iron ore exports fall","author":"Colin Twiggs","date":"August 27, 2020","format":false,"excerpt":"China's steel output is making new records, boosted by strong government spending on infrastructure. \"China produced 93.4m tonnes of crude steel in July, the largest monthly volume on record. Crude steel output in July was 2% higher than the month prior, and 9% higher than July 2019, according to data\u2026","rel":"","context":"In &quot;Australia &amp; NZ&quot;","block_context":{"text":"Australia &amp; NZ","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/countries-regions\/australia-nz-countries-regions\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/posts\/1356","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/comments?post=1356"}],"version-history":[{"count":0,"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/posts\/1356\/revisions"}],"wp:attachment":[{"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/media?parent=1356"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/categories?post=1356"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/tags?post=1356"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}