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China is no longer a driver of commodity prices: CRU

Posted on 06 October 2011

Aluminium may prove a better investment than copper, says CRU- the commodities research specialists, also adding that China may no longer be the driver of commodity prices like it has once been.
“China funded our recovery in the commodity world … China has been the commodity story. We don’t believe it can step in and give the commodity markets the recovery it saw in 2008 … (China is) overall positive but not fantastically positive …Chinese growth rates remain healthy but at lower rates”, says Paul Robinson, Group Manager of Non Ferrous Metals at CRU………………………………………Full Article: Source


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