15.01.2016 - Don't Blame China For Commodity Price Drops
Commodity producers worldwide had a long and profitable run of high prices thanks to strong worldwide demand which was largely driven by China. In the past few years prices have fallen as China’s economy slows at the same time as new production hit the markets. Falling demand and rising supply is a bad combination for producers but it can happen when producers scramble to chase high price and arrive late to the party. Producers and investors should not blame China’s economic weakness for their problems; they are to blame for their current predicament...............................................Full Article: Source
Print