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Strategies & Market Trends : Booms, Busts, and Recoveries -- Ignore unavailable to you. Want to Upgrade?


To: Snowshoe who wrote (72168)1/22/2010 4:43:39 PM
From: KyrosL  Read Replies (1) | Respond to 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.