Iron Ore Prices 'Modest Pullback' Expected: Citigroup GM

The video discusses the strong economic recovery in China, particularly in steel-intensive sectors, and its impact on commodities like iron ore and copper. It highlights the speculative nature of the copper market and the potential for price fluctuations due to geopolitical and economic factors. The video also examines China's policy measures and their influence on market forecasts, as well as the global market dynamics involving China's economic changes. Additionally, it explores the implications of strained Australia-China relations on the commodity market, particularly coal and iron ore.

What potential impacts could arise from a deterioration in relations between Australia and China?

How might China's policy support influence commodity prices in the near future?

What are the expected price levels for iron ore and copper in the upcoming year?