Not many commentators/analysts talking about the future of Chinese mines. They're in the process of cutting back on mine production, I'll hazard a guess and say that for CY2013 they'll cut production by about 15% or remove about 200mt of domestic supply.
"I'm tipping $145/t for the spot price this week as a likely meeting point."
Turned out to be a good stab :) Now that domestic, port and spot prices are aligned, we could start seeing the market rebound from here.
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