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Commodities Briefing - Categorized | Trading more

China’s slack April commodities output foreshadows weak import demand

Posted on 14 May 2014

China’s crude oil runs, oil demand and total base metals production unexpectedly fell in April from the preceding month, with slackening power generation also fanning concerns that the world’s second-largest economy is not yet on a stable footing.
Although record-high daily crude steel output was a bright spark in April’s output figures, slowing real estate investments and falling property sales are set to drag on the steel sector in the coming months, analysts said………………………………………..Full Article: Source


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