Search ForexCrunch

Analysts at Goldman Sachs expect iron-ore prices to hold the gains, with the key reasons cited below.

Key quotes

“Demand ongoing from China, margin strength.”

“Any price weakness will not sustain in coming months.”

 “We reiterate our 6-12-month negative view on iron ore as we expect the market to enter a surplus in 2H21 on higher Brazilian exports.”

Expert score

5

Etoro - Best For Beginner & Experts

  • 0% Commission and No stamp Duty
  • Regulated by US,UK & International Stock
  • Copy Successfull Traders
Your capital is at risk.