Why are Iron (SGX) Prices so high?
22-10-2025 - Iron Ore (SGX) prices saw a slight decrease over the past month, from $105.80/t on September 22nd to $105.15/t on October 22nd. The high was $107.30/t on October 13th, with a low of $103.91/t on October 1st.
Our one month forecast for Iron Ore (SGX) is $104.01 / t, a decrease of $1.14 / t or -1.1% from the latest price. Our analysis suggests a balanced market risk around this forecast.
Our current forecast is influenced the most by Flows data, which has a significant impact of -$2.24 per tonne. The most impactful families within the Flows data are Seaborne Imports & Exports, contributing -$1.34, and Exchange Rates, contributing -$0.90. However, there is disagreement among the various types of data. While Demand, Supply, and Technical data suggest upward price pressure, the Flows data indicates the opposite, with a downward price impact.
Our one month forecast for Iron Ore (SGX) is $104.01 / t, a decrease of $1.14 / t or -1.1% from the latest price. Our analysis suggests a balanced market risk around this forecast.
Our current forecast is influenced the most by Flows data, which has a significant impact of -$2.24 per tonne. The most impactful families within the Flows data are Seaborne Imports & Exports, contributing -$1.34, and Exchange Rates, contributing -$0.90. However, there is disagreement among the various types of data. While Demand, Supply, and Technical data suggest upward price pressure, the Flows data indicates the opposite, with a downward price impact.
What is the current / spot price of Iron (SGX)?
Iron (SGX) Price Today
October 23, 2025
Current Price
107.55
$/t
What is the forecast for the price of Iron (SGX)?
Iron (SGX) Price Forecast
October 23, 2025
1 Month Forecast
104.01
$/t
1 Year Forecast
101.23
$/t
What are the short-term drivers of Iron (SGX) prices?
What are the long-term drivers of Iron (SGX) prices?
Over the 1 Month horizon the outlook is bearish due to drivers such as: - Coal imports to Viet Nam - Long term price trends - EWMA-based technical analysis - Movements in the Chinese Yuan Br(None) The top contrary drivers for the 1 Month horizon are: - Short term price trends
Over the 1 Year horizon the outlook is bearish due to drivers such as: - Long term price trends Br(None) The top contrary drivers for the 1 Year horizon are: - The shape of the futures curve - Short term price trends - Movements in the Chinese Yuan - Iron Ore exports from Sweden
Will the price of Iron (SGX) go up?
.png)
1 Week
1 Month
3 Month
6 Month
1 Year
The Latest Iron (SGX) News
ChAI Blog
Frequently asked question?
Still have a question?
Contact us
Do your models/algorithms change for time horizons? (short term/long term)?
What is unique about what you do? Aren’t large hedge funds already doing something similar?
What kind of AI techniques are you using?
Our Risk / Compliance Department is concerned about model transparency - How do you ensure your models can be explained?
Can you expand on how the AI is used and how it's a differentiator?
Interested in further market insights, forecasts, cost models, downloadable data ?
We are making the companies whose products we depend on everyday more resilient
Speak to the team
Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.
*Please include your company email