Very good article - thx Mr G.
Although you can only read the beginning of it - before the rest is obscured - it makes the point that shipping out of China is now 20% cheaper.
Hopefully, shipping into China is also 20% cheaper.
I don't think the average investor fully comprehends that the cost of freight is central and critical to high volume, low value products (less than $1,000/tonne) being profitable.
This is something JM occasionally mentions in relation to industrial minerals, but I'm not sure it's completely understood by the average punter.
Very good article - thx Mr G. Although you can only read the...
-
- There are more pages in this discussion • 10,378 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add ADN (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
1.7¢ |
Change
0.000(0.00%) |
Mkt cap ! $52.87M | |||
| Open | High | Low | Value | Volume |
| 1.7¢ | 1.8¢ | 1.7¢ | $26.12K | 1.534M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 52 | 16714259 | 1.7¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.8¢ | 7085011 | 19 |
View Market Depth
| Last trade - 15.09pm 24/06/2024 (20 minute delay) ? |
| ADN (ASX) Chart |