Historical Year Data · 2016
Iron Ore Price (Global) in 2016
Iron Ore Price (Global) opened 2016 at 42.2 and closed at 79.43, a +88.21% move for the year. The high of 79.43 was reached on December 1, and the low of 42.2 on January 1.
Open
42.2
2016-01
Close
79.43
12 data points
High
79.43
Dec 1
Low
42.2
Jan 1
Full Year Change
+88.21%
2015 Change
-40.81%
Monthly Breakdown
| Month | Open | Close | High | Low | Change |
|---|---|---|---|---|---|
| Jan | 42.2 | 42.2 | 42.2 | 42.2 | +0.00% |
| Feb | 46.49 | 46.49 | 46.49 | 46.49 | +0.00% |
| Mar | 56.54 | 56.54 | 56.54 | 56.54 | +0.00% |
| Apr | 60.97 | 60.97 | 60.97 | 60.97 | +0.00% |
| May | 55.89 | 55.89 | 55.89 | 55.89 | +0.00% |
| Jun | 52.34 | 52.34 | 52.34 | 52.34 | +0.00% |
| Jul | 57.31 | 57.31 | 57.31 | 57.31 | +0.00% |
| Aug | 60.87 | 60.87 | 60.87 | 60.87 | +0.00% |
| Sep | 57.66 | 57.66 | 57.66 | 57.66 | +0.00% |
| Oct | 58.95 | 58.95 | 58.95 | 58.95 | +0.00% |
| Nov | 74.14 | 74.14 | 74.14 | 74.14 | +0.00% |
| Dec | 79.43 | 79.43 | 79.43 | 79.43 | +0.00% |
Events During 2016
2016 Brexit Vote
Goldilocks
June 23–24, 2016
The UK voted to leave the European Union on June 23, 2016. The pound fell 10% overnight, its largest single-day drop since floating in 1971.
2014-2016 Oil Price Collapse
Deflation
June 2014 – February 2016
Brent crude fell from $115 in June 2014 to $27 in January 2016, a 77% collapse. Shale oversupply and OPEC's refusal to cut production broke the commodity supercycle that had dominated markets since 2003.
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