And then you get this typically "double edged sword" article from Bloomberg, suggesting that the rise in commodity prices in china is very real and real demand driven by construction, but that the construction is fuelled by more debt, which ultimately will be even worse for the market, when the bubble bursts in property, than a bursting Dalian bubble....
http://www.bloomberg.com/professional/blog/pray-that-chinas-commodities-market-is-getting-it-wrong/
Iron Ore Price, page-7625
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Last
$19.09 |
Change
-0.130(0.68%) |
Mkt cap ! $58.77B | |||
| Open | High | Low | Value | Volume |
| $19.19 | $19.37 | $19.04 | $94.37M | 4.916M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 59011 | $19.09 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $19.10 | 2000 | 1 |
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| Last trade - 16.10pm 05/11/2024 (20 minute delay) ? |
| FMG (ASX) Chart |