"In the longer term though commodity prices do reflect supply and demand characteristics and history repeatedly shows buying - and selling - positions.
Some commodities clearly have superior outlook to others in terms of supply side characteristics."
@Barkston ,
If that's the case, why is there no one who has been able to accurately forecast commodity prices on a sustainable basis?
"In the longer term though commodity prices do reflect supply...
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Last
$20.28 |
Change
-0.150(0.73%) |
Mkt cap ! $8.889B | |||
| Open | High | Low | Value | Volume |
| $20.35 | $20.43 | $20.14 | $5.882M | 290.4K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 21 | 1901 | $20.28 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $20.29 | 647 | 16 |
View Market Depth
| Last trade - 12.57pm 01/07/2024 (20 minute delay) ? |
| BSL (ASX) Chart |