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China’s appetite for commodities wanes

Posted on 14 October 2011

The latest trade data shows imports holding up in September; the volume of major commodity imports was little changed from August. But standing back from the monthly detail, 2011 isn’t a strong year. Imports of copper and soybeans have fallen from 2010. Growth in oil imports is sharply down.
There could be worse to come. Overcapacity in the real-estate sector at home and fading demand for Chinese goods abroad, with exports falling for a second month in September, suggest tough times ahead……………………………………….Full Article: Source


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VRS - who has written 38189 posts on Opalesque Commodities Briefing.


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