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Nerves fraying as Chinese speculators take control of iron ore market

Nerves are starting to fray as investors become concerned that iron ore boom conditions might end abruptly, not simply because of changing supply-and-demand fundamentals but also because Chinese speculators could tire of trading the commodity.

Nerves fraying as Chinese speculators take control of iron ore market Nerves fraying as Chinese speculators take control of iron ore market Nerves fraying as Chinese speculators take control of iron ore market Nerves fraying as Chinese speculators take control of iron ore market Nerves fraying as Chinese speculators take control of iron ore market

Improving supply from Vale, Brazil's mining leader, is one of the events being watched carefully as the price for high grade (62%) ore hovers around the US$110 a tonne level, down slightly on a few