From macro perspective the interim top was quite evident several months ago. The Chinese credit impulse had rolled over and has profound impact on base metal prices with a lag effect. Kudos to management for reading the tea leaves and locking in the hedge. The reflation train won't be too far away i will go out on a limb and say IO prices should return to the lofty heights in due course.
From macro perspective the interim top was quite evident several...
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26.5¢ |
Change
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| Open | High | Low | Value | Volume |
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| No. | Vol. | Price($) |
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