After being in and out of Qingdao China for the last 2 years on and off, watching the coal and IO stockpile go thru the roof in that time (I even watched them demolish a 10 year old office building to make more room), im very surprised to hear its stockpile dropped 40% in the last few months.
http://english.cntv.cn/program/bizasia/20130122/106240.shtml
Good times ahead for IO after Chinese NY passes, factories will wind back up and with already low stockpiles this can only get better for holders of IO stocks.
GL all.
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