Dryblower on when a big price rise is also a loss

DRYBLOWER’S quiz time: when is a 90% increase in the price of a commodity bad news for two of the biggest producers?

Answer: when the price rise kills an overly ambitious merger proposal, which is precisely what talk of a near doubling in the iron ore price is doing to the much-hyped merger of the Australian iron

loader

Most read Viewpoint