In 2000, demand was growing relative to supply. In 2008, just as supply is catching up, the GFC struck and upcoming supplies was cut out. Now, as demand picks up again, supply is inadequate again. Join discussion...

Macquarie are a smart bunch of people. They're getting into agriculture early in the cycle. Join discussion...

A good BDI website. Join discussion...

Now, there are rumours that China is re-exporting their base metals, after an orgy of imports in 2009. Join discussion...

The Chinese are diversifying their iron ore sources, given that it is obviously not wise to depend on Australia/Brazi duopoly. Join discussion...

The Chinese are interested in Antarctica for its minerals. Join discussion...

"The Standard Bank research note points out that the current commodity price surge is occurring despite large inventories and prices being well above production costs which, in fundamental theory, should be limiting the upside for this rally." Join discussion...

An article on Bloomberg quotes an analyst at the Chinese futures broker Shanghai Oriental explaining that the metal investment by pig farmers and other speculators gives the impression of strong demand in China. "But it is actually those who take a pessimistic view of the economy and are looking to preserve their wealth who are buying." Join discussion...

Read this article. Then read "Steel glut tipped to worsen" @ http://www.heraldsun.com.au/business/steel-glut-tipped-to-worsen/story-e6frfh4f-1225794194839. Steel glut or iron ore shortage? Join discussion...

How much of China's demand for Australian metals due to speculative demand? Join discussion...