Emerging Markets Cross-Asset Strategist, Emvest Partners

Guillaume Coutant

Emerging Markets Cross-Asset Strategist

Technical Analysis

Brazil is the second largest exporter of Iron Ore (19,6% of exports).China imported 82,23m tons of Iron Ore in April Vs 95,56m tons in March.Over supply along with stockpiling  is looming whereas Chinese outlook remains uncertain. Issues regarding deleveraging, corporate debt, regulation and mixed data on Chinese demand need to be lifted. By that time, Iron Ore is likely to remain under pressure. We expect its price to continue going down to 410/400 (IOEA comdty).Technical outlook also suggests…

Brazil is the second largest exporter of Iron Ore (19,6% of exports).China imported 82,23m tons of Iron Ore in April Vs 95,56m tons in March.Over supply along with stockpiling  is looming whereas Chinese outlook remains uncertain. Issues regarding deleveraging, corporate debt, regulation and mixed data on Chinese demand need to be lifted. By that time, Iron Ore is likely to remain under pressure. We expect its price to continue going down to 410/400 (IOEA comdty).Technical outlook also suggests…

Iron Ore Current Pressure Weighs on Vale Stock Price

Brazil

Vale SA produces and sells iron ore, pellets, manganese, alloys, gold, nickel, copper, kaolin, bauxite, alumina, aluminum, and potash. The Company is based in Brazil, where it owns and operates railroads and maritime terminals.

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Vale SA - Pref (VALE5 BZ)

Iron Ore Current Pressure Weighs on Vale Stock Price

Brazil is the second largest exporter of Iron Ore (19,6% of exports).China imported 82,23m tons of Iron Ore in April Vs 95,56m tons in March.Over...

Guillaume Coutant

Price Gauge

52-week Range

Market Cap (USDm)

P/E

Dividend (Yield)