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21/03/15
11:58
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Originally posted by Marketscan
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""The cure of low price is low price""
this so called "low price" can not be sustainable over a long term period.
the big producers will be asking themselves "who's making the money here".
all in all it's a correction that needed to be put on the table. especially China helping to push the low prices.
at some stage near as possible RIO would want the price well over US$100m/t.
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of course knock out competition first with greater supply and lower prices..... when most of the competition is gone- slow supply and raise prices again slowly...