Thu, Apr 17, 2014
A A A
Welcome kbr175@gmail.com
RSS

Commodities Briefing - Categorized | Commentaries, Market Moves more

Some commodities to take hit from China: analysts

Posted on 18 November 2011

Demand for industrial commodities is headed for a softening because China won’t be able to offset dwindling consumption in the euro-zone economies, Capital Economics analysts said in a note distributed to reporters Thursday.
Views that China’s rising demand will support the global commodities is misguided, the analysts said. China’s annual growth rate is set to slow to about 6% on average during the next decade as the supply of cheap labor dries up, cooling from current annual growth of about 10%. Crude oil in particular may see a potential drop as falling demand in Europe outpaces rising consumption in China……………………………………..Full Article: Source


 Article link

This post was written by:

VRS - who has written 34624 posts on Opalesque Commodities Briefing.


Contact the author

Comments are closed.

banner
banner
April 2014
S M T W T F S
« Mar    
 12345
6789101112
13141516171819
20212223242526
27282930