Iron Ore

Each publication contains detailed individual analyst and average (mean) price forecasts for the next 8 quarters, as well as the long-term outlook for the upcoming 10 year period. This is complemented with in-depth graphical and written analysis. In addition, Energy and Metals Consensus Forecasts features a closer look at changes in the macroeconomic outlook in the world's major economies, and a selection of currency forecasts taken from our Foreign Exchange Consensus Forecasts publication. The publication has many practical uses including commodity investment analysis, risk management, corporate planning, and budgeting. The commodities covered have been selected for their global appeal and traded on prominent futures markets such as the London Metal Exchange (LME), New York Mercantile Exchange (NYMEX) and InterContinental Exchange (ICE).

Forecast Coverage for Iron Ore

We feature price forecasts for four definitions, and are per dry metric tonne (US$/T) :
  • China Fines iron ore - 62% FE spot, CFR Qingdao port, Dry.
  • Australian Lump - negotiated hematite ores, 63% fe content, FOB, Dry
  • Australian Fines - negotiated hematite ores, 62% fe content,  FOB, Dry
  • Brazilian Fine iron ore - CFR 65% fe content, Dry

Iron Ore Price History

The chart below illustrates the trend in Iron Ore prices since January 2014, measured in US$/dry metric tonne unit.

Consensus Forecasts for Iron Ore

The sample table below has been extracted from our January 2021 survey, showing individual and consensus price forecasts for China Fines Iron Ore. The publication includes forecasts for more than 30 other commodities, and the accompanying Excel file includes individual panellist forecasts for all commodities featured in Energy and Metals Consensus Forecasts.

Iron Ore and Coverage of Other Commodities

A complete sample issue of the publication, which also includes Consensus Forecasts™ for Aluminium, Copper and Lithium, as well as other non-ferrous, ferrous and precious metals, can be downloaded by clicking below. If you have any questions, please contact us at Consensus Economics.