"BDI keeps plunging heading down to low levels back in Feb 2021. Iron ore prices bouncing back towards $130USD. Hope this trend continues on and the mine restarts after the Beijing Olympics or possibly before!!"
@amiafish this is perfect example. Why does a post that gives a price on something we don't produce get eight upvotes. The real price is............................ $79
![https://hotcopper.com.au/data/attachments/4001/4001620-6e7cf07379182e8a75079217bbefd220.jpg](https://hotcopper.com.au/data/attachments/4001/4001620-6e7cf07379182e8a75079217bbefd220.jpg)
And our shipping costs are very loosely tied to the BDI
![https://hotcopper.com.au/data/attachments/4001/4001691-ada0b8282bc42f319e55e13a36685dcd.jpg](https://hotcopper.com.au/data/attachments/4001/4001691-ada0b8282bc42f319e55e13a36685dcd.jpg)
See the difference? Long way to fall until Februarys figures.
![https://hotcopper.com.au/data/attachments/4001/4001721-957b2a8c16a39726fe44b2e8ee1718b3.jpg](https://hotcopper.com.au/data/attachments/4001/4001721-957b2a8c16a39726fe44b2e8ee1718b3.jpg)
No matter how much you @amiafish bang on about my so called 'negative posts' I have posted facts relating to VMS. Jeju has posted irrelevant material.
That is the ramping I do not like.