Klob, it means Rio, BHP, Vale and FMG will soon (if not already) pull cargo from the market.
The Chinese are deliberately de-stocking (Nov export from Port Hedland fell. Oct & Nov Brazilian export fell significantly) looks like co-inciding with a pull back of supply by the Big3.
Think China wants to IO price to stay low (as IO inventory depletes) until CNY for some purpose![]()
- Forums
- ASX - By Stock
- SDL
- Aussie battlers lining Chinese pockets over !
Aussie battlers lining Chinese pockets over !, page-4
-
- There are more pages in this discussion • 24 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add SDL (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
SER
STRATEGIC ENERGY RESOURCES LIMITED
David DeTata, Managing Director
David DeTata
Managing Director
SPONSORED BY The Market Online