iron ore prices - Latest news GMK Center

The bank predicts that in 2025 the price of this raw material will average $95/t

Price expectations for the coming years reflect a transition to oversupply

Optimism about support for China's economy drives demand, despite risks associated with the real estate market and high inventories

Commodity prices will remain sensitive to incentives announced by the Chinese authorities

Weak economic signals from China continue to put pressure on iron ore prices

Quotations of raw materials adjusted to the level of August after a fall in September and a sharp rise in early October

The market is avoiding significant losses thanks to hopes of additional economic stimulus from the Chinese government

Since the end of September, the market has been showing significant growth amid the stimulus of the Chinese economy

Market prospects have improved following the implementation of a broad economic stimulus package by the Chinese government

The base price for iron ore in 2025 is expected to be $80/t

The Central Bank of the country announced the most powerful package of financial stimulus measures since the beginning of the coronavirus pandemic

High port stocks will continue to put pressure on prices