The Iron Ore arrival price jumpped from US$60 from US$180 last year, which is totally crazy. Everyone along the food chain should have their decent profit. BHP and RIO wanted to max their profits along the food chain. So the rest of food chain is struggled to suvive because the auto industry can't sell sell car trpile the price, nither can white goods maker.....
but i don't think the price will fall by 82%, maybe us$40-65.
"hit a person when he is down", page-4
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Last
$123.73 |
Change
-0.540(0.43%) |
Mkt cap ! $45.96B | |||
| Open | High | Low | Value | Volume |
| $124.20 | $124.43 | $123.39 | $26.72M | 214.6K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 194 | $123.73 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $123.76 | 210 | 12 |
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| Last trade - 11.58am 05/07/2024 (20 minute delay) ? |
| RIO (ASX) Chart |