The stockpile data across the board is quite alarming. Copper, Iron Ore, Lithium etc.
It's almost like China are positiong to be cut off from the rest of the world, because the economic acitivity simply doesn't correlate.
We are either about to see the mother of all crashes across commodities or China are going to maintain strategic reserves and it will be business as normal.
Iron ore price, page-53092
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Last
$21.34 |
Change
-0.185(0.86%) |
Mkt cap ! $65.85B | |||
| Open | High | Low | Value | Volume |
| $21.60 | $21.64 | $21.31 | $18.91M | 880.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 14 | 9868 | $21.33 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $21.34 | 5353 | 17 |
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| Last trade - 11.04am 23/07/2024 (20 minute delay) ? |
| FMG (ASX) Chart |