Iron Ore Price, page-1667

Rcman, this is what I mean by the Chinese using (BHP & Rio's rhetoric) to push down the futures price.

The problem is that the self destructive game being played by Rio and BHP is getting too politically uncomfortable and is causing so much grieve to the nation's interest, the current government's survival as well as seriously undermining Australia's long term economic well-being directly benefitting a country that has serious regional security implications for our US alliance.

http://www.copyright link/opinion/c...against-iron-ore-market-flood-20150329-1ma958

....."Everybody is expecting it to go down; everybody is reacting to the constant apprehension of oversupply," Power says. "We have two of the biggest suppliers in the world saying they are going to flood the market. I think the market is responding to that."...