Sat, Oct 31, 2020
A A A
Welcome vaishu
RSS

Commodities Briefing - Categorized | Commodity Crisis, Market Pulse more

Commodities fall back to earth on China worries

Posted on 10 May 2016

Commodities from copper to iron ore fell sharply on Monday, as a speculative rally lost steam over fresh worries about economic growth in China, the world’s biggest consumer of raw materials.
A burst in speculative trading that drove up commodity prices over the past month has led to increased production and a build-up of inventory in the country, the world’s largest consumer of commodities. Traders are now growing concerned that real demand is not there to support prices………………………………………..Full Article: Source


 Article link

This post was written by:

VRS - who has written 48800 posts on Opalesque Commodities Briefing.


Contact the author

Comments are closed.

banner
banner
banner
October 2020
S M T W T F S
« Nov    
 123
45678910
11121314151617
18192021222324
25262728293031