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China commodity imports stall in February

Posted on 22 March 2011

China’s imports of many major commodities all but dried up in February as a national holiday, abundant stockpiles and rising prices combined to discourage shipments, data from China’s Customs office showed on Monday.
Chinese demand is the motor of many world commodity markets, but this year prices have been driven more by supply disruptions around the world, while China’s tighter monetary policy and a crackdown on speculators has reined in bullish buying……………………………………….Full Article: Source


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