| The big change in many commodity markets this past year was that demand is no longer king, with supply becoming the key driver, a dynamic that's likely to persist in 2015. While this trend has been identified, it has not been well understood, with much market commentary still focused on the state of demand as the key determinant of commodity prices.
This has been especially the case with China, where concern over the slowing pace of economic growth has been used as an explanation for weaker commodity prices. The problem is that this analysis doesn't stack up against commodity volumes being bought by China, the world's largest consumer of natural resources...........................................Full Article: Source
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