I'm not going to claim to kow this business inside out, but gas prices have been smashed recently. I would've tought this would be a big positive for IPL given its such a large input cost. I dont know if the fertilizer index has crashed.
It doesn't appear fertilizer prices have weakened too significantly
IPL Chart thread, page-20
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Last
$3.09 |
Change
0.120(4.04%) |
Mkt cap ! $5.846B | |||
| Open | High | Low | Value | Volume |
| $3.05 | $3.11 | $3.02 | $27.56M | 8.943M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 39838 | $3.09 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.10 | 10848 | 3 |
View Market Depth
| Last trade - 16.10pm 17/10/2024 (20 minute delay) ? |
| IPL (ASX) Chart |