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Vale S.A. Message Board

  • simpkinsco simpkinsco Dec 5, 2008 9:09 AM Flag

    China wants to stock pile

    All commodities have over shot on the down side- China has the money. They were smart. They stopped importing after olympics..Now they want to buy on the cheap..
    Oil imports last month UP 37% in China.Now are doing the metals..But they want better prices..My guess- They get it but must increase imports in order to get it. HOLD your shares..

6.49+0.23(+3.67%)Oct 24 4:02 PMEDT