[iron ore price "false fire" gradually fell to the low of the year] FAP, May 12, since April, iron ore price "virtual fire" has shown a trend of gradual retreat. In May, Singapore iron ore futures prices twice fell below the $100 mark, falling to a low for the year. East China Sea Futures Ferrous Metal Senior researcher said that multi-factor resonance driven iron ore prices to accelerate the decline, it can be said that in the market supply and demand fundamentals have not undergone major changes, iron ore prices finally return to rationality. According to his preliminary analysis, iron ore prices will see less than $100 / ton, or in the range of $90 to $95 / ton.