Prices for iron ore cargoes with a 63.5% iron content for delivery into Tianjin rose to $185 per tonne, its highest level since September 2011 as demand is outstripping supply. China’s crude steel production climbed 19% last month to a near record high and mills keep increase output on high-profit margins despite the government’s environmental rules. Meantime, output at Bazil’s Vale SA and Rio Tinto Group has been hit by operational challenges and weather disruptions.

Historically, Iron Ore reached an all time high of 200 in November of 2007. Iron Ore - data, forecasts, historical chart - was last updated on April of 2021.

Iron Ore is expected to trade at 178.75 USD/MT by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate it to trade at 156.13 in 12 months time.

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Iron Ore


Iron Ore
Iron ore prices refer to Iron Ore Fine China Import 63.5 percent grade Spot Cost and Freight for the delivery at the Chinese port of Tianjin. Is used to make steel for infrastructure and other construction projects. The biggest producers of iron ore are China, Australia and Brazil. Others include India, Russia, Ukraine and South Africa.
Energy Price Day Weekly Monthly YTD Date
Crude Oil
USD/Bbl
61.9200 0.58 0.95% -2.43% 7.20% 27.62% Apr/22
Brent
USD/Bbl
65.7900 0.47 0.72% -1.72% 8.23% 27.01% Apr/22
Natural gas
USD/MMBtu
2.7500 0.06 2.23% 3.46% 9.65% 8.31% Apr/22
Gasoline
USD/Gal
1.9883 0.00 0.25% -3.09% 4.85% 41.00% Apr/22
Heating oil
USD/Gal
1.8608 0.01 0.38% -2.01% 6.40% 25.39% Apr/22
Ethanol
USD/Gal
2.1990 0.00 0.00% 9.40% 22.23% 53.45% Apr/22
Naphtha
USD/T
552.11 1.02 0.19% -1.11% -2.64% 27.60% Apr/22
Propane
USD/Gal
0.81 0.01 0.90% -1.02% -12.78% 25.11% Apr/22
Uranium
USD/Lbs
29.0500 0.10 -0.34% -2.84% -3.33% -5.37% Apr/21

Metals Price Day Weekly Monthly YTD Date
Gold
USD/t.oz
1,784.17 9.29 -0.52% 1.19% 3.30% -5.92% Apr/22
Silver
USD/t.oz
26.157 0.42 -1.57% 1.15% 4.29% -0.76% Apr/22
Platinum
USD/t.oz
1,204.50 9.31 -0.77% 0.97% 3.12% 13.00% Apr/22

Agricultural Price Day Weekly Monthly YTD Date
Soybeans
USd/Bu
1,524.5000 27.25 1.82% 7.49% 7.11% 16.66% Apr/22
Wheat
USd/Bu
708.2500 35.00 5.20% 8.34% 11.58% 10.58% Apr/22
Palm Oil
MYR/T
3,989.00 95.00 2.44% 4.78% 1.50% 10.81% Apr/22
Cheese
USD/Lbs
1.7070 0.00 0.00% 0.71% 5.96% 3.71% Apr/21
Milk
USD/CWT
17.65 0.05 -0.28% 0.51% 8.68% 11.71% Apr/22
Rubber
JPY/Kg
224.00 1.90 0.86% -0.44% -15.15% -16.67% Apr/22
Orange Juice
USd/Lbs
113.10 0.15 -0.13% -0.70% 1.44% -8.24% Apr/22
Coffee
USd/Lbs
134.00 1.80 1.36% 0.98% 5.02% 4.48% Apr/22
Lumber
USD/1000 board feet
1,324.50 32.00 2.48% 5.06% 40.55% 51.70% Apr/22
Oat
USd/Bu
385.5000 6.25 -1.60% 0.92% 1.92% 6.86% Apr/22
Wool
AUD/100Kg
1,312.00 6.00 -0.46% 2.10% 2.74% 12.04% Apr/21
Cotton
USd/Lbs
84.64 0.19 -0.22% -0.45% 1.33% 8.35% Apr/22
Cocoa
USD/T
2,399.00 38.00 -1.56% -0.91% -4.23% -7.84% Apr/21
Rice
USD/cwt
13.3600 0.50 3.85% 2.38% 1.14% 9.15% Apr/22
Canola
CAD/T
876.80 0.50 0.06% 5.73% 12.01% 39.29% Apr/22
Sugar
USd/Lbs
16.95 0.01 0.06% 3.48% 9.85% 9.43% Apr/22
Tea
USD/Kgs
2.70 0.00 0.00% 1.89% -11.18% -5.92% Apr/21
Corn
USd/BU
652.5000 27.00 4.32% 10.59% 18.37% 34.81% Apr/22

Livestock Price Day Weekly Monthly YTD Date
Beef
BRL/Kg
20.49 0.00 0.00% 0.10% 2.96% 12.95% Apr/21
Feeder Cattle
USd/Lbs
132.2500 2.85 -2.11% -5.57% -5.37% -4.82% Apr/22
Live Cattle
USd/Lbs
118.3250 1.45 -1.21% -2.69% -0.67% 2.87% Apr/22
Lean Hogs
USd/Lbs
107.4500 0.15 -0.14% 3.74% 11.38% 52.90% Apr/22
Poultry
BRL/Kgs
6.48 0.00 0.00% 3.85% 0.47% 7.82% Apr/21

Industrial Price Day Weekly Monthly YTD Date
Copper
USD/Lbs
4.2685 0.02 -0.49% 0.90% 4.42% 21.30% Apr/22
Lithium
CNY/T
90,000.00 0.00 0.00% 0.00% 5.88% 93.55% Apr/22
Bitumen
CNY/T
2,856.00 62.00 -2.12% -3.32% 0.42% 19.90% Apr/22
Steel
CNY/T
5,161.00 39.00 0.76% 0.37% 8.95% 22.30% Apr/21
Coal
USD/T
89.70 1.45 -1.59% -0.61% -5.56% 10.44% Apr/21
Palladium
USD/t.oz
2,832.68 43.05 -1.50% 3.35% 8.81% 15.73% Apr/22
Cobalt
USD/T
49,750.00 0.00 0.00% 0.00% -5.44% 54.55% Apr/21
Lead
USD/T
1,999.25 7.75 -0.39% 1.29% 2.70% 1.19% Apr/21
Aluminum
USD/T
2,359.50 5.00 0.21% 0.98% 7.08% 19.12% Apr/22
Tin
USD/T
26,740.00 155.00 -0.58% 1.07% 4.37% 31.63% Apr/22
Zinc
USD/T
2,794.00 21.00 -0.75% -2.59% -0.80% 1.56% Apr/22
Nickel
USD/T
16,151.25 162.00 1.01% -1.12% -1.64% -2.43% Apr/21
Molybdenum
USD/Kg
27.00 0.00 0.00% -3.74% -6.09% 14.89% Apr/21
Iron Ore
USD/T
187.00 2.00 1.08% 8.41% 19.49% 17.98% Apr/21
Soda Ash
CNY/T
1,752.00 0.00 0.00% 0.00% 0.92% 30.75% Apr/22
Neodymium
CNY/T
720,000.00 20,000.00 -2.70% -2.70% -15.79% 15.66% Apr/21
Iron Ore 62% fe
USD/T
176.35 0.15 0.09% 1.93% 5.59% 13.16% Apr/22
Rhodium
USD/t oz.
29,200.00 300.00 -1.02% 3.91% -0.68% 71.76% Apr/21
Manganese
CNY/T
30.75 0.50 1.65% 1.65% -1.60% -1.60% Apr/21

Index Price Day Weekly Monthly YTD Date
CRB Index
Index Points
206.89 1.08 0.53% 0.42% 5.52% 16.04% Apr/22
LME Index
Index Points
4,012.00 52.50 1.33% 2.77% 2.81% 17.50% Apr/21
S&P GSCI
Index Points
2,339.92 10.27 -0.44% -0.07% 2.44% 18.36% Apr/21