Global iron ore prices have hit record highs, surpassing the previous record from a decade ago.
The stronger prices have helped push Australian export values to an expected new high of A$136 billion 2020-21,
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Sugar prices expected to rise
Global sugar stocks are set to drop in 2019/20 with domestic prices forecast to rise to around $450 per tonne by the end of the year, according to market analysis from Rabobank.
Rabobank sugar analyst
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Iron ore prices surge to five-year record
Iron ore prices have hit a five-year high, reaching $US110 ($159.2) per tonne as the mining industry responds to supply disruptions from Brazil.
The price has risen by nearly 50 per cent since January
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Iron ore prices reach $US100
Prices for iron ore have hit a five-year high, driven by higher steel production in China and speculation of another dam collapse at a Vale mine in Brazil.
The Chinese import price of 62 per cent iron
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