| As you can see Citi is forecasting rallies in oil prices and a huge increase in natural gas, which Australia is well positioned to capitalise on as the major LNG export bases such as the Santos operation at Gladstone ramp up operations.
But that’s a whole lot of Australian exports in that bottom five. Specifically on iron ore, Citi is forecasting a fall to $US40 per tonne next year (on The Steel Index, which was at $US42.80 last night) and then a couple of quarters below the $US40 mark in 2017...............................................Full Article: Source
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