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kidl

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kidl

Re: johnlw post# 4090

Thursday, 07/09/2009 1:03:31 PM

Thursday, July 09, 2009 1:03:31 PM

Post# of 5067
You are correct. China has been holding off in terms of supply contracts and has been buying existing inventory / over-production at "spot prices".
The question is ... Given the production cut backs, how much longer will this last?
India recently locked in 2009 supply at $650.
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