Coop Purchasing Groups to negotiate price, only works when there are a large number of suppliers/manufacturers, who are all fighting to sell to the customer/s (demand). Whenever those components are not in play, I am yet to see a buying group that can achieve real value. The iron ore market has high demand with many customers, a low number of suppliers, and constraints on supply. Good luck China!
Coop Purchasing Groups to negotiate price, only works when there...
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Last
$17.97 |
Change
-0.360(1.96%) |
Mkt cap ! $55.32B | |||
| Open | High | Low | Value | Volume |
| $18.10 | $18.28 | $17.97 | $250.7M | 13.82M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 7 | 104054 | $17.96 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $18.07 | 4370 | 1 |
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| FMG (ASX) Chart |