Goldman Sachs now looking for iron ore to head to 85 metric ton in the next 3 months. From their previous forecast in November at 55. There is a new floor at around 60
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Goldman Sachs revised down its near-term copper price forecast for the next-three months to 6100mt from 6500mt next six-months to 6400mt from 7000mt but maintained that the price will hit 7000mt at the year end. The LME three-months copper last traded above 7000mt in February 2018
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2020-5-1Singapore - Goldman Sachs boosted its iron ore forecasts after better-than-expected demand in China raised prices but combined the revised outlook with a warning that it remains bearish on next year on prospects for plentiful mine supplies and a worldwide glut. The three-month forecast
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Iron ore production in China has probably been contracting since April and further mine shutdowns in the largest importer are forecast as a global seaborne glut expands according to Goldman Sachs Group Inc
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Some analysts are predicting iron ore could crack triple figures in coming days following the Vale dam disaster in Brail. All eyes on Chinese iron ore buying as price flies. Ben Harvey The West Australian. Monday 11 February 2019 652AM. Even Goldman Sachs which has had a bearish view of iron ore expects a continued revival of
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Consultancy firm Fitch Solutions has raised its iron-ore price forecast for this year from 80t to 90t. The firm says the adjustment was on the back of supply disruptions coupled with strong demand that resulted in a price really in the second quarter which pushed the year-to-date average price higher to 92t
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Goldman Sachs says iron ore markets will be dull next year in Commodity News 07122018 Iron ore prices continue to grind higher recovering after a sharp tumble in late November
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Goldman Sachs analysts are confident the iron ore price rout which has seen prices fall close to 30 per cent in 2014 is not yet over Bloomberg reports. The view is in sharp contrast to that of
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2020-6-4Slowing global demand has resulted in banker Goldman Sachs cutting its iron ore price forecast estimates. The company expects demand for the bulk commodity will
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Goldman Sachs Hiked Iron Ore Price Forecasts. In its latest report published on Friday Goldman Sachs upwardly revised their iron-ore price outlook for 2016. Key Points For Q2 2016 iron-ore price forecast raised by 47 to 55 metric ton Q3 2016 forecast up 20 to 45 Q4 2016 14 to to 40 Full year estimate is 19 higher to 47 a ton
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Chinas Iron Ore Production May Fall Less than Forecast Goldman Teresa Matich - July 7th 2014 Bloomberg reported today that Goldman Sachs has softened its outlook in terms of the extent to
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Goldman Sachs stated that it downward revision is due to oversupply of iron ore in global markets which triggered the fall in prices in the first place. Last week international credit rating agency Standard and Poors also revised its iron ore price forecasts downward given the slower global growth lowering its price forecast for 2015 and
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Given that assessment Goldman has decided to upgrade its forecast for iron ore over the next three months lifting it to 70 a tonne from 55 seen previously
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Goldman Sachs increased the forecasted prices of Pilbara iron ore by 33 for 2013 to US160ton from the previous estimation of US120ton and it hiked the prices for 2014 to US125ton. However it remained the forecast for 2015 unchanged at US95ton. Besides it increased the forecast of coking coal prices for 2013 and 2014 by 8.6
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Goldman has kept its iron ore price forecast for 2016 at 38 a tonne and 35 for the next two years. Iron ore reached 52.40 a tonne .IO62-CNISI on Friday based on the latest available data its
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Iron ore stocks have come under immense pressure over the past month amid the U.S.-China trade war finding another gear and the commoditys price slumping to a three-month low. The steelmaking
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Bloomberg reports the latest update on the iron-ore price jump by the US investment banking giant Goldman Sachs. Key Points The 75 a ton iron ore price is not sustainable for two reasons
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Goldman Sachs predicts that iron ore prices should drop to US 60t in the first quarter of 2018 US 55t in the first half of the year and even drop to US 50t at the end of 2018. The company believes that to ramp-up of Vales project S11D could increase the iron ore
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2016-3-20Analyst estimates for iron ore. On March 15 Morgan Stanley lowered its forecast for iron ore benchmark prices by 14 to 40 per ton for 2016 and by 17 to 37 per ton for 2018
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Many commodities have watched their prices drop but iron ore is one exception its price has surged to levels not seen since 2014. The price of iron ore the main ingredient of steel is being propelled upward by the combination of growing shortage and intensifying demand. Devastating circumstances affecting the worlds top producers Brail and Australia along with booming demand in China
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Goldman Sachs has one piece of advice after this years dramatic iron ore rally go short
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Further falls are predicted in the price of iron ore to around US60 a tonne by the end of the year as China enforces environmental restrictions on steel production says Goldman Sachs
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Goldman Sachs on iron ore prices 3-month forecast raised to 70 a metric ton from 55 - Year-end target up 5 to 60 GS citing - higher than expected demand from China - remaining steel mills
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2013-3-20Goldman Sachs cut its forecast for iron ore prices by up to 11 percent over the next three years due to excess supply and slower steel output in China sending the shares of major miners to their
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Goldman Sachs has reportedly raised iron ore price forecasts citing the output loss at Vale due to the tailings dam disaster. The investment bank expects iron ore to average 70 per tonne in six months from now compared to the previous forecast of 60 per tonne
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