Will the coal being held up at ports, this just changes sentiment, if China play games with coal, they may play games with other commodities. Don’t see any long term affect, however in the short term this might assist those shorts push the Sp down further. This could be a political move on Chinas behalf- just to be difficult for the sake of being difficult, in the long term/ storm in teacup, China are not going hurt industries that they rely on, they just want to scare them. Next they might start with iron ore a bit once Vale get back to full production.
Iron ore price, page-10403
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