I thought historically we received about 85-90% of the LME price. Seems that correlation started to break down a bit last quarterly, with Chinese NPI lagging the LME price. Has anyone got a series for the NPI we receive? The only thing I can find needs a subscription to view historical price movements...
Anyway NIC is still wildly undervalued imho
I thought historically we received about 85-90% of the LME...
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Last
75.5¢ |
Change
-0.015(1.95%) |
Mkt cap ! $3.235B | |||
| Open | High | Low | Value | Volume |
| 77.0¢ | 78.0¢ | 75.5¢ | $2.432M | 3.185M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 12 | 216572 | 75.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 76.5¢ | 6557 | 1 |
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| Last trade - 16.10pm 06/09/2024 (20 minute delay) ? |
| NIC (ASX) Chart |