Wed, Apr 16, 2014
A A A
Welcome kbr175@gmail.com
RSS

Commodities Briefing - Categorized | Commentaries, Commodity Crisis, Market Moves, Regulatory more

China stimulus plans, not rates, key for commodities

Posted on 31 October 2008

From Guardian: China’s third interest rate cut in six weeks will be much less of a boost to commodities demand in the world’s fastest-growing consumer of raw materials than a hefty infrastructure spending programme.

Slowing exports are already eating into the country’s huge hunger for commodities — copper consumption growth next year is seen falling to 6 percent, one third the rate in 2007 — and even a major fiscal package will likely only slow the decline….. Full Article: Source


 Article link

This post was written by:

VRS - who has written 34604 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