There's a Theory That Flower Power Helped Fuel the Massive Rally in Iron Ore
Supply-side cuts or horticultural expositions?
What's Driving the Surge in Iron Ore?
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After iron ore enjoyed a ten-sigma spike on Monday, analysts are grasping at straws to explain the magnitude of this move:
Chinese policymakers' willingness to increase fiscal stimulus has been the most commonly cited cause of the jump, with plans to shutter steel and iron capacity supposedly enhancing the magnitude of the advance.