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Strategies & Market Trends : Booms, Busts, and Recoveries

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To: Snowshoe who wrote (72167)1/22/2010 3:32:20 AM
From: Snowshoe  Read Replies (1) of 74559
 
China iron ore price talks in chaos
theage.com.au

Hu Kai, an analyst with Shanghai consultancy Umetal.com, predicted CISA might get its "China price" after all, but it would be higher than everybody else's.

"Japan and Europe stick to contracts and China imports all from the spot market," he said.
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