Lets be clear. Winter is coming to China. These unsustainable spod prices are a symptom of malaise within the Chinese economy. XI is picking winners in chosen industries, while hanging the average Chinaman out to dry by ignoring the collapse of the real estate ponzi scheme in China, and the subsequent collapse in consumer demand. Xi tries to export his way out of trouble. But just causes tariff reactions from trading partners across the globe, Vietnam, India, Brazil, Chile, and the West. This mirrors border disputes China has on all sides. The average Chinaman won't cop the social harmony bargain being reneged upon by the CCP (a full stomach buys your silence).
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Last
78.5¢ |
Change
-0.020(2.48%) |
Mkt cap ! $1.903B | |||
| Open | High | Low | Value | Volume |
| 80.5¢ | 81.0¢ | 78.0¢ | $6.762M | 8.561M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 31 | 576119 | 78.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 79.0¢ | 196098 | 7 |
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| LTR (ASX) Chart |