The Commodities Feed: Iron ore surge | Snap | ING Think
· Turning to bulks, and iron ore prices in Singapore and China's Dalian Exchange hit alltime highs yesterday, with iron ore June futures on SGX jumping at one stage 10%, trading to a high of US226/t. However, the market has already given back a lot of these gains, and this morning is trading back down at around the US215/t level.