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Commodities Briefing - Categorized | Performance, Trading more

China exports plunge, commodities worry

Posted on 11 March 2014

Chinese exports plunged tanked by a shocking 18.1% leading to a 23 billion dollar trade deficit. The markets are trying to adjust to a shaky new Lunar New Year. Oh, sure, some blame the holiday but after getting one China company default it is possible that China is headed towards a very hard landing.
The reason why this is so shocking is just one month ago China trade expanded by 10.6%. We saw copper imports were soaring. Still China Copper Imports were up January through February was up 41.2% but in February fell 29%………………………………………..Full Article: Source


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This post was written by:

VRS - who has written 40616 posts on Opalesque Commodities Briefing.


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