Northline Markets · Commodities

Iron ore

The spot price of iron ore delivered to China per dry metric tonne unit.

Latest value90.80US$ per dmtu
Observation date2026-10
Change, 1 year-12.3%from 103.50 on 2025-10
Change, 5 years-26.1%from 122.90 on 2021-10

Monthly average, delayed Observed 2026-10 · retrieved 2026-11-05 · Source: World Bank Commodity Price Data (Pink Sheet) · Not a live quote.

History

Iron ore over time

Monthly observations. Use the period buttons to change the range; the table beneath the chart lists the values.

Iron ore

US$ per dmtu. US dollars; monthly average.

Chart loads when it comes into view.

Latest values: Iron ore 90.8 (2026-10).

Quotation convention. US dollars; monthly average.

What it measures

What this indicator is and why it is watched

What it measures

The spot price of iron ore delivered to China per dry metric tonne unit.

Why it is watched

Canada exports iron ore, mostly from Quebec and Newfoundland and Labrador.

Economic context

How it connects to the wider economy

Context, not a claim of cause.

No economy-wide context has been written for this series yet.

Northline describes relationships as documented mechanisms, statistical associations or hypotheses. Nothing on this page states that a movement in this indicator caused a movement in another.

Method and source

How the data are produced

Publisher
World Bank Commodity Price Data (Pink Sheet)
Dataset
Pink Sheet (monthly prices)
Frequency
Monthly
Unit
US$ per dmtu
Observations
442 (long history)
Retrieved
2026-11-05
Series id
gl13_iron_ore_cfr_spot

Monthly average prices from the World Bank Commodity Price Data (Pink Sheet). They are monthly averages, not live or daily quotes, and are in US dollars.

Source: World Bank, Commodity Price Data (The Pink Sheet), Iron ore, cfr spot, updated November 03, 2026. CC BY (version per the Bank licence page); no changes to values.

Licence conditions: see source terms: https://datacatalog.worldbank.org/public-licenses; attribution required.

Missing observations are left missing and are never interpolated. Statistical agencies can revise published values; the observation date and retrieval date above identify the version shown. Methodology and sources.

Investigate

Take it into Intelligence Studio

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In Studio, the Scenarios tab can ask a what-if question about this indicator. Scenario Intelligence applies its usual checks: when there is too little history, the series are not comparable or the relationship is not stable, it reports “not enough evidence” rather than a number.