ev resource implie value, page-3

Yes Wanomad, the Chinese are using a "low" in the cycle opportunistically and simplistically. Remembering that the business model for SDL is based on $68 US per ton long term IO price. The Chinese are using a seasonal dip when we all know that production wont be for 3-4 years. At that point, if prices drop the way they say, being the price leader at $22 US OPX, they will be the key player.

Despite the Chinese reputation for haggling, this goes beyond the pale. PRC need to listen up and fix this. Bring in a mill and try and save what face is left.