China – Dalian iron ore opens limit up

News

ICYMI, iron ore has been strong since the deadly Vale mine dam disaster

  • Chinese markets opening, iron ore limit up. This is a ‘catch up’ move to surging prices last week Chinese market didn’t see (closed for the holiday) 
  • coking coal +3% odd 

CNH is a little stronger approaching the mid-rate setting (around 0115GMT or just after). 

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