But contract of Australian iron ore rose in price 2008 79.88% , 7 years since merchandise on hand and level of long-term contract price first convert. Analytic personage thinks, structure of market of prospective international iron ore will lead long-term contract price fall after a rise by spot price.
Analytic personage thinks, price of contract of Australian iron ore will be in 2009 the foundation dropped up and down 2008 25% , FOB will be Fe62% pink mine 67 U.S. dollors / ton. Brazilian iron ore predicts to will drop 20% . (Guangzhou daily)
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