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Yes I've read that article and definitely not good for us as...

  1. miningnut
    10,399 Posts.
    lightbulb Created with Sketch. 2027
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    14/08/16
    08:34
    Post #: 18512964
    Yes I've read that article and definitely not good for us as margin is everything - $7.20/kg is extraordinary. The Chinese might buy at these prices but probably not the Indonesians or Vietnamese. It seems prices are not going to turn anytime soon.
    WLD Price at posting: 40.0¢ Sentiment: None Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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