Iron Ore up again to US $119.20 or AUD $129. Very healthy returns if 1 million tonnes of Iron Ore are to be landed in China at a average cost of $73. China's Automobile market is growing rapidly again after years of stagnation up 14% to 22 million vehicles. And there is talk of another round of Stimulus in China. All major indices around the world have turned green over night.
TRF fundamentals are strengthening, time for a small rally anyway.