| To the surprise of many, 2016 has turned out to be a bonanza for metals and bulk commodity prices, recovering strongly from the lows seen in the early parts of the year. It’s been such a dramatic turnaround that analysts at Macquarie Wealth Management have dubbed the recovery as a “mini-renaissance” for commodity markets, suggesting that demand, rather than supply, has helped to drive prices higher over the past six months.
Front-and-centre of that improved demand, says Macquarie, stems from the largest end consumer globally for commodities, China.............................................Full Article: Source
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