China is the only significant buyer of Australian IO. That's why FMG ends up on life support every time China sneezes.
The reason China are ramping up production in Africa etc is to flood the market and permanently crash the price. The Japanese and Koreans did the same thing on a much smaller scale in the1960s-70s.
- Forums
- ASX - By Stock
- FMG
- Iron ore price
Iron ore price, page-43455
-
-
- There are more pages in this discussion • 11,801 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add FMG (ASX) to my watchlist
(20min delay)
|
|||||
Last
$19.76 |
Change
-0.220(1.10%) |
Mkt cap ! $60.84B |
Open | High | Low | Value | Volume |
$19.66 | $19.80 | $19.20 | $191.1M | 9.763M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 4673 | $19.73 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$19.76 | 31740 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 4673 | 19.730 |
3 | 3406 | 19.700 |
3 | 70531 | 19.690 |
1 | 3000 | 19.680 |
1 | 10000 | 19.670 |
Price($) | Vol. | No. |
---|---|---|
19.760 | 31740 | 2 |
19.780 | 1500 | 2 |
19.800 | 3814 | 4 |
19.830 | 20872 | 6 |
19.850 | 28178 | 4 |
Last trade - 16.10pm 04/10/2024 (20 minute delay) ? |
Featured News
CC9
Chariot Corporation (ASX:CC9) refines Black Mountain strategy, launching Pilot Mine to seize U.S. lithium opportunity
FMG (ASX) Chart |