re: commodities sentiment beijing2rock...absolutely correct...
however china and india also want lower commodity prices because it makes sense for them to buy cheaper commodities..
lets not forget that china will be capable to produce 40% of its own commodities in some 3 years and will not need to import..
so the forward contracts that bhp is on has just about run its course.
just shorted more, page-37
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Last
$43.56 |
Change
0.390(0.90%) |
Mkt cap ! $220.9B | |||
| Open | High | Low | Value | Volume |
| $43.64 | $43.73 | $43.26 | $211.2M | 4.849M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 11133 | $43.55 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $43.57 | 5435 | 3 |
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| Last trade - 16.10pm 11/07/2024 (20 minute delay) ? |
| BHP (ASX) Chart |