UBS expects iron ore to average $85 a ton in 2022
- Citigroup sees $96
- Capital Economics predicts $70 by the end of next year.
These compare with the current (SGX spot futures) price circa USD126. The price has plunged since
AUD traders - iron ore price forecasts for 2022
- A round-up of a few projections for where this primary Australian export is headed.