Haven't you answered your own question?
Go look at the performance of Australian coal stocks since China stopped importing Australian coal. You'll find the share prices have gone up, not down.
Iron ore price, page-33943
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Last
$21.33 |
Change
-0.340(1.57%) |
Mkt cap ! $66.15B | |||
| Open | High | Low | Value | Volume |
| $21.52 | $21.67 | $21.31 | $85.73M | 3.969M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 8 | 1488 | $21.32 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $21.33 | 6113 | 25 |
View Market Depth
| Last trade - 15.35pm 28/06/2024 (20 minute delay) ? |
| FMG (ASX) Chart |