| Over the summer the surge of Chinese retail investors into equities alarmed global markets. Now the same is happening in commodities, as metals become a favourite tool to bet on a slowing Chinese economy. Investment funds in China have piled into trading on the Shanghai Futures Exchange this month, sending global prices for copper down to a six-year low and nickel to a 10-year low.
The price moves highlight China’s influence on global metals prices as the boom that was spurred by the country’s demand comes to an end. Lower commodity prices have hit shares in global miners, sending Anglo-American to a record low on Friday, as well as revenue in producing countries like Chile...............................................Full Article: Source
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