Good strategy by BHP & RIO in undermining the annual single negotiation session headed by the Chinese.
Signing individual deals with peripheral players that may previously been paying a large premium for spot will make the Chinese very nervous that "their" quota might well end up with existing spot buyers.
interesting that sp is dropping at open, page-4
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Last
$108.40 |
Change
-4.030(3.58%) |
Mkt cap ! $40.23B | |||
| Open | High | Low | Value | Volume |
| $109.13 | $110.39 | $108.00 | $232.8M | 2.143M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 185 | $108.40 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $108.45 | 208 | 2 |
View Market Depth
| Last trade - 16.10pm 15/08/2024 (20 minute delay) ? |
| RIO (ASX) Chart |