Analysts at Goldman Sachs offer an optimistic outlook on iron-ore prices in the near-term amid hopes of China restocking. Key Quotes: “Recommend a long position in iron over the next month, as mills in China should restock soon with approach of spring construction season while strong credit data is easing demand concerns. Expect iron ore price to fall to $65/ton by year-end amid supply response.” FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next USD/CNH Technical Analysis: Immediate bearish case weakens FX Street 4 years Analysts at Goldman Sachs offer an optimistic outlook on iron-ore prices in the near-term amid hopes of China restocking. Key Quotes: "Recommend a long position in iron over the next month, as mills in China should restock soon with approach of spring construction season while strong credit data is easing demand concerns. Expect iron ore price to fall to $65/ton by year-end amid supply response." Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
