Organization: Iron ore prices are still Author：8866 Published：2014-05-28  Sources：海南中地矿业投资有限公司  Views：9

Bernstein research firm, said before the end of this year, iron ore prices will continue to recover, thanks to seasonal demand as well as "The Chinese side will relax a relatively tight monetary policy," the hope. The agency said there are clear indications that the private sector in the case of Chinese domestic iron ore prices have begun to decline select cut output, which will help iron ore prices. And is expected by the end of the iron ore import prices will rise to $ 120 / ton.

Bernstein research institutions (Bernstein Research), said before the end of this year, iron ore prices will continue to recover, thanks to seasonal demand as well as "The Chinese side will relax a relatively tight monetary policy," the hope. 
The agency said analyst Paul Gait, China‘s own economic slowdown Bureau fabrics will not last forever. 
Since the beginning of iron ore has fallen 25 percent to $ 97 per ton of iron ore import prices fell below $ 100 / t trend line, price-sensitive Chinese domestic iron ore producers have been on the verge of bankruptcy due to the high cost. Now this situation is likely to be reversed. 
The agency said there are clear indications that the private sector in the case of Chinese domestic iron ore prices have begun to decline select cut output, which will help iron ore prices. 
The agency expects iron ore import prices this year will rise to $ 120 / ton.