J.P. Morgan stuft Ausblick für Eisenerz-Sektor erneut ab, Talfahrt bei den Minenaktien hält an

Die jüngsten Abstufungen sorgen dafür, dass die Branchen-Schwergewichte wie BHP Billiton (NYE:BHP), Rio Tinto (NYE:RIO) und Vale (NYE:VALE) auf neue Jahrestiefstände einbrechen..

Iron ore outlook cut by J.P. Morgan as BHP, Rio shares extend slump

Carl Surran, SA News Editor

• Mining companies sink in premarket trading as J.P. Morgan lowers its iron ore outlook through 2017, predicting prices will extend declines as growth in low-cost supply from the world’s largest producers outstrips demand.

• Iron ore will average $67/metric ton next year, 24% less than previously forecast, $65 in 2016, down 23%, and $69/ton in 2017, down 16%, the firm says; iron ore has averaged $98.82/ton YTD but recently slumped to a five-year low $68.49.

• "The only way the oversupply can be averted is if the low-cost producers cut back on their growth targets," which is unlikely, JPM says, as "feedback from recent site visits to the Pilbara suggests there is currently no consideration for slowing capacity growth from either Rio Tinto or BHP Billiton."

• BHP -2.1%, RIO -1.2%, VALE -1.2% premarket.

Quelle: bigcharts.com

Quelle: bigcharts.com

Quelle: bigcharts.com