one888 was not neg ramping FMG...although - rampers and the media I wish they would get some facts right before posting. This whole week the commodity downside story has been taken from one news feed, others have followed the same story without seeing some common sense truths.
for example THE BDI index and recent India /China IO defalting on contracts...its easy to say the Baltic index is down..china slowing..fact, Vale have spat the dummy and arnt exporting to China, hence BDI down, and the Mills simply dont want the Indian ore hence defaults and recent inventorys up + the Chinese have been in celebrations for a week
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1 | 48855 | 19.710 |
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1 | 1000 | 19.680 |
Price($) | Vol. | No. |
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