Thu, Dec 18, 2014
A A A
Welcome preal121
RSS

Commodities Briefing - Categorized | Trends more

‘China factor’ continues to determine future of commodities outlook

Posted on 07 March 2014

Chinese demand for metals and minerals remains robust, although the pace of uptake is moving towards a plateau as the country enters a more mature economic phase, delegates at the Prospectors and Developers Association of Canada were told.
“There is a very clear correlation between Chinese gross domestic product [GDP] growth and commodity prices,” BCA Research chief strategist of the China Investment Strategy Yan Wang said. “When Chinese growth accelerates that’s good news for commodity prices, and when Chinese growth slows that’s bad news for commodity prices.”……………………………………….Full Article: Source


 Article link

This post was written by:

VRS - who has written 38515 posts on Opalesque Commodities Briefing.


Contact the author

Comments are closed.

banner
banner
December 2014
S M T W T F S
« Nov    
 123456
78910111213
14151617181920
21222324252627
28293031