How can you claim there is no connection to real demand?
Let's say the Jan contract went completely crazy and traded and 1,500 yuan... do you think IO producers wouldn't sell contracts and deliver ore at that price?
They are physically settled contracts.
How can you claim there is no connection to real demand?Let's...
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Last
$18.88 |
Change
-0.210(1.10%) |
Mkt cap ! $58.13B | |||
| Open | High | Low | Value | Volume |
| $19.25 | $19.26 | $18.80 | $114.8M | 6.045M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 2485 | $18.88 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $18.91 | 185 | 1 |
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| Last trade - 16.10pm 06/11/2024 (20 minute delay) ? |
| FMG (ASX) Chart |