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Iron Ore, Metal News

December 22, 2009

BENCHMARK IRON ORE FORECAST

Tags:

2009        2010        2011

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AVERAGE Price            $60.14      $71.89      $76.92
AVERAGE Price Rise                      20%          7%

MEDIAN                                      20%          5%
Maximum                                    30%         30%
Minimum                                     10%         -9%
Number of Contributors                  12          12

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Last
Contributors                 Update        2010        2011

BofA Merrill Lynch         Nov           15%        15%
Barclays Capital             Oct           20%        10%
BMO Capital Markets      Jul           10%         4%
Citigroup                     Oct           15%         0%
Credit Suisse                 Oct           15%        15%
CRU Group                     Dec           25%        10%
JP Morgan                     Dec           20%        30%
Macquarie                      Dec           30%         5%
Morgan Stanley              Oct           15%         5%
Societe Generale             Dec           20%        -9%
UBS                              Aug           20%         0%
Anonymous Bank 1         n.a.          30%         0%

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