China’s falling steel and power output in September, coupled with a meagre increase in implied oil demand, show that a year-long monetary tightening campaign and economic woes in the West have begun to pinch.
A confluence of bearish factors in the fourth quarter, including a seasonal slowdown in domestic activity as well as worsening export growth, will combine to sap China’s demand for a raft of commodities, analysts said……………………………………….Full Article: Source