@morgans analyst, James Wilson, looks at the iron ore market and tactical trading ideas based on his analysis

Livewire Equities

@morgans analyst, James Wilson, looks at the iron ore market and tactical trading ideas based on his analysis. Iron ore prices have been well supported in recent months on the back of aggressive seasonal re-stocking and a pickup in steel production in China. We see prices maintaining current levels towards the end of CY13 as seasonal inventories remain low, albeit with some weakening of demand going into the Chinese winter period, but picking up again in 1QCY14 as seasonal re-stocking kicks in ahead of Chinese New Year. What you should do - tactical trading ideas based around FMG, BHP and RIO (VIEW LINK)

iron ore

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