Thu, Aug 21, 2014
A A A
Welcome kbr175@gmail.com
RSS

Commodities Briefing - Categorized | Metals and Minerals, Price Watch more

China factor casts shadow on iron-ore prices

Posted on 18 February 2014

For the most part the commodities space found a good bid on Friday, but analyst commentary was a tad wary. Buying pressure might have been expected, given the better-than-expected gross domestic product (GDP) figures seen out in the likes of France, Germany and the Nertherlands, alongside a weak US dollar.
However, over the last few days different research outfits have been raising a red flag following the release of the latest set of very strong import data out of China. In particular, they highlighted the rise to all-time highs in imports of iron-ore (18% year-on-year), refined copper (53%), crude oil (12%) and even soybeans………………………………………..Full Article: Source


 Article link

This post was written by:

VRS - who has written 36521 posts on Opalesque Commodities Briefing.


Contact the author

Comments are closed.

August 2014
S M T W T F S
« Jul    
 12
3456789
10111213141516
17181920212223
24252627282930
31