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china places quota on rp exporting

  1. Brett14
    148 Posts.
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    08/02/09
    00:56
    Post #: 4772947
    Also in Fert Week, but in Thurs 5/2/09 it reported China's RP figures for 07 & 08 & went on to mention their quota for this year. In 07 they exported 0.965m tonnes of RP. In 08 it was 1.8m tonnes. For 09 they have imposed a quota of 1.5m tonnes.

    This should support upward pressure on RP price with the supply from China dropping this year.

    Any thoughts?
    AEV Price at posting: 39.0¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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