I would say the drop is largely due to the following:
"China’s top economic planner said on Thursday it had “indefinitely suspended” its participation in the China-Australia Strategic Economic Dialogue."
The Government is also looking to scrap the 99 year Chinese lease on the Port of Darwin, this could incite things further.
This does not relate directly to PRL, but the market was down overall today and it is mainly due to this uncertainty I would imagine.
why did PRL go down?, page-14
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