Clearly ignorant mkt dynamics, imported ores & con have become a significant portion of China's RE supply chain and the principal sources MP & Myanmar are not profitable at recent lows, refer MP's recent QR's & Pol's comments yesterday.
Very obvious to most "CCP would seem to want the mkt balance improved", particularly those that understand the CCP's policy to preserve domestic resources & not to denigrate the ionic clay areas any further, do it in someone else's backyard.
If you can understand that you should also be able to understand oxide prices have most likely put in a bottom and now trending up, another positive day today, the direction seems clear, the pace will obviously run with demand recovery.
Aside from that isn't it logical CCP would want RE demand to improve as an important input into recovering GDP growth, to think otherwise really is quite naive.
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$7.61 |
Change
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Mkt cap ! $7.113B |
Open | High | Low | Value | Volume |
$7.65 | $7.65 | $7.49 | $13.50M | 1.778M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 10000 | $7.57 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$7.61 | 6808 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 426 | 7.550 |
2 | 5750 | 7.510 |
2 | 500 | 7.500 |
1 | 1000 | 7.480 |
1 | 133 | 7.470 |
Price($) | Vol. | No. |
---|---|---|
7.620 | 500 | 1 |
7.630 | 750 | 1 |
7.640 | 20172 | 2 |
7.650 | 1500 | 1 |
7.700 | 1759 | 4 |
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