The media has attributed the drop in IO price to the major 3 deliberately flooding the market with supply to increase their negotiation power and to kill off smaller producers. I am very puzzled by this - how can they gain if the price is pushed down, wouldn't they benefit more from keeping the I/O price high? If there is huge supply coming to the market, how can they possibly negotiate a higher price with China?
It is all very contradictory.
Can somebody please enlighten me,how this works?
Live IO Prices, page-19
-
- There are more pages in this discussion • 28 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add BCI (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
28.5¢ |
Change
-0.010(3.39%) |
Mkt cap ! $822.1M | |||
| Open | High | Low | Value | Volume |
| 29.5¢ | 29.5¢ | 28.0¢ | $132.3K | 460.7K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 7 | 114113 | 28.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 29.0¢ | 40000 | 1 |
View Market Depth
| Last trade - 16.10pm 27/09/2024 (20 minute delay) ? |
| BCI (ASX) Chart |