Booms, Busts, and Recoveries Message Board

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Strategies & Market Trends : Booms, Busts, and Recoveries

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To: Snowshoe who wrote (72168)	1/22/2010 4:43:39 PM
From: KyrosL	Read Replies (1) of 74559

Perhaps the Chinese know something that others don't about future iron ore demand. After all they are a huge slice of the iron ore trade, and are well known commodity hoarders. If spot prices trend down this year they get two birds with one stone: lower prices this year and lower long term contracts next year.

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