Yes Bruce, but if compare the trigger points, then query - collapse in fundamentals? heat coming out of commodities? or, potential signs of rationality returning to base metals, commodities, et al?
Not likely, 1.
Possible, 2, having regard to BHP's backdown to the Chinese last week (if the world's #2 diversified miner cannot bully the Chinese into higher prices, then who can?).
Probable, 3, but this will still take some 2-3 months to be confirmed.
Meantime, when say the commodity currency, the A$?
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Last
$70.90 |
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-0.690(0.96%) |
Mkt cap ! $13.77B | |||
| Open | High | Low | Value | Volume |
| $71.55 | $71.60 | $70.47 | $12.94M | 182.7K |
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| No. | Vol. | Price($) |
|---|---|---|
| 1 | 54 | $70.80 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $70.91 | 322 | 2 |
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| Last trade - 16.10pm 11/07/2025 (20 minute delay) ? |
| ASX (ASX) Chart |