Some fundi news - good bear food....
BHP Billiton chief Marius Kloppers expects ‘‘long-term’’ price declines for the miner's commodities as slower economic expansion in China weighs on demand.
‘‘We go through a pretty rigorous process to pick those long-term prices but if I have to generalise, they are, by and large, lower,’’ Mr Kloppers said
Read more: http://www.theage.com.au/business/mining-and-resources/commodity-prices-on-the-way-down-bhp-20120826-24u36.html#ixzz24d7g6mnF
BHP Billiton chief Marius Kloppers expects ‘‘long-term’’ price declines for the miner's commodities as slower economic expansion in China weighs on demand.
‘‘We go through a pretty rigorous process to pick those long-term prices but if I have to generalise, they are, by and large, lower,’’ Mr Kloppers said
Read more: http://www.theage.com.au/business/mining-and-resources/commodity-prices-on-the-way-down-bhp-20120826-24u36.html#ixzz24d7g6mnF