14.04.2015 - China commodities imports resume after holiday but demand weak
China's commodities imports generally rose in March on a month earlier as shipments resumed after the Lunar New Year holiday, but analysts pointed to still weak demand for goods ranging from iron ore to coal and soybeans. Overall trade data showed China's total exports shrank 15 percent in a surprise drop that will exacerbate concerns about the slackening Chinese economy. The world's top buyer of iron ore imported 80.51 million tonnes of the steelmaking ingredient in March, up 18.5 percent from the previous month as producers flooded the market and prices fell. First quarter shipments rose 2 percent but the pace of growth was down from 19 percent a year earlier...............................................Full Article: Source
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