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The huge price increases for IO have been driven by very high...

  1. combi
    3,344 Posts.
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    15/08/08
    12:03
    Post #: 4113840
    The huge price increases for IO have been driven by very high demand and low supply.
    This situation has now made it possible and affordable for new players to enter the market and within the next 5 years the supply imbalance will be more than met, so I think the shorter term contract talk makes good business sense from the Chinese perspective.
    ADY Price at posting: 0.0¢ Sentiment: None Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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