QIN 0.00% 29.5¢ quintis ltd

R the longs ok, page-22

  1. 1,259 Posts.
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    They could have done this though by waiting till actual sale time. They end up buying for themselves for oil as well and they WERE exporting to china at a good price. Great Southern's price was fraudulent the sale prices had absolutely nothing to do with the declining market and plunging prices. Yes agree they purchase at a price above other tenderers but they do not have costs of delivery . So all within acceptable bounds. This has been examined.

    They did NOT offer much to buyers in 2016 compared to 2015 and so will make a fat profit from the difference there .My source said no offers made this year.

    Everyone in Agribusiness were so acutely aware of Southern that this was all being watched. The market prices are good.A very very different marketplace .
 
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