Credit Suisse's latest report on the iron ore market makes good readingfor iron ore market bulls. Its two main arguments for a hike in prices to 250 dollars per tonne cfr China in the second quarter of the year seem totally logical. With prices just under 190 dollars pertonne cfr China atthe start of last week, the bank's analysts claim spot transactions will rise as Indian miners lock in cargoes priorto the impending rise in export duties on fines and concentrates.
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