RE: China FeV US$87.67-88.58/kg!10 Jul 2018 19:28
I've worked with brokers from Spain, France, UK and Germany, they're paid to visit their clients, dig into the financials, are wined and dined and provide forecasts. They must know the numbers and be able to give accurate forecasts based on market conditions, or are we saying they know less than people on this forum?
I'm not saying they can reveal confidential information, but they should be armed with enough info to provide a realistic price target. To say they're awaiting HI figures, like everyone else, sounds ridiculous.