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Commodities Briefing - Categorized | Commodity Crisis, Market Moves more

BHP Billiton warns of softening China demand

Posted on 22 October 2008

From FT: BHP Billiton said growth from China, its most important commodities customer, had “softened” during the three months ended September and warned “volatility and uncertainty” would continue in the short term.

The world’s biggest mining group delivered the downbeat assessment when issuing its quarterly production review which showed strong gains in petroleum, iron ore, manganese, and coal compared to the previous September quarter but declines in aluminium, diamonds and stainless steel materials….. Full Article: Source


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