Chart
Description: Iron Ore, 67.55% iron content, fine, contract price to Europe, FOB Ponta da Madeira, US cents per dry metric tonne unit
Unit: US cents per Dry Metric Ton
Source: International Monetary Fund
See also: Mineral production statistics
| Month | Value |
| May 2009 | 101.00 |
| Jun 2009 | 101.00 |
| Jul 2009 | 101.00 |
| Aug 2009 | 101.00 |
| Sep 2009 | 101.00 |
| Oct 2009 | 101.00 |
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The AUD is a commodity currency but it is more dependent on iron ore, coal, and aluminium markets than it is to the gold price. Yes Australia is a gold producer but the amount that is actually produced is by my reckoning (and hopefully someone will correct me if I'm wrong) not all that significant.
FTSE closes 0.6 pct lower; banks, miners fall
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IRON AND STEEL
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(AFX UK Focus) 2009-11-24 12:50 UPDATE 2-Kumba CEO: iron ore output, exports to rise in 2009
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By Shapi Shacinda
ASX CLOSE: Markets lower; materials sector does most damage
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Ore prices not so iron-clad
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ICE Announces Introduction of Cleared Iron Ore Swap
ITNews - 2009/11/20 01:41:33
SINGAPORE, November 20 /PRNewswire/ -- IntercontinentalExchange, Inc. (NYSE: ICE), a leading operator of global regulated futures exchanges, clearing houses and over-the-counter (OTC) markets, today announced the introduction of an ICE OTC cleared iron ore contract based on the well-regarded Platts Iron Ore Index.