china and commodities, page-8

Well, flat at best would be fantastic considering the 80%+ increase obtained this year. I am sure most IO producers have not factored in a further increase next year, given conditions over the last few months, but hey greed is greed.

What you are probably referring to is the spot price for IO, which considering the potential recessions ppl are talking about around the world, would be adversely affected.

Once again, though, lets wait and see what happens longer term, but for now the IO producers are doing Ok...