BHP 1.48% $34.64 bhp group limited

to sell iron ore on spot markets

  1. 2,640 Posts.
    lightbulb Created with Sketch. 33
    The shortfall in sales of IO will be put onto the spot market. Although the prices are lower, it may be a move by BHP to develop this market along the lines of the oil market. The large IO producers are few as are oil, so it is not impossible for an OPEC situation to develop especially if the RIO takeover succeeds. By reducing production, the price can be kept high enough to give good returns.
watchlist Created with Sketch. Add BHP (ASX) to my watchlist
(20min delay)
Mkt cap ! $102.0B
Open High Low Value Volume
$35.11 $35.26 $34.64 $483.1M 14.02M

Buyers (Bids)

No. Vol. Price($)
3 23643 $34.64

Sellers (Offers)

Price($) Vol. No.
$34.72 61119 1
View Market Depth
Last trade - 16.10pm 29/05/2020 (20 minute delay) ?
-0.520 ( 0.56 %)
Open High Low Volume
$35.20 $35.26 $34.73 860029
Last updated 15.59pm 29/05/2020 (live) ?
BHP (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.