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The real landed price could be half of that by mid-2020. Subsequent Asian markets are emerging from the current coronavirus or COVID-19. Crisis, low prices of the LNG are likely to boost the demand in the desired market. Experts can see iron ore alternatives in Japan and Korea for gas LNG, but demand in South Asia could be higher.
Feb 10, 2021 This has consequently pushed the price of several commodities to record highs in recent weeks, and these prices are expected to climb further in alignment with Chinese demand. Iron ore price benchmark on the Dalian Commodity Exchange front month continuation The iron ore price benchmark was up 53 percent in 2020. Source Eikon
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