hi ppl,
with the expectations of the Iron Ore deal EOM (end of month) will we see some accumulation and fluctuations on weeks ahead perhaps ?......
I'm setting myself up for couple more parcels.....we should break $50's once news is settle IMHO.....:)
...."CHINESE steel makers expect to reach agreement with Rio Tinto and BHP Billiton on the benchmark price of iron ore by the end of the month, amid growing expectations the miners will succeed in their demand for a freight premium."....
cheers
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