Post by
TheBridge on Feb 14, 2023 12:20pm
Indications
For those that might be interested, there is a good article in today's G&M by Clyde Russel, Australia - "China's Rising Economy Won't Float All Commodities Equally." Check it out if you're interested. I will just quote one paragraph-- There are some indications that iron ore imports are starting to pick up, with commodity analysts Kpler tracking arrivals of 99.58 million tonnes in February, which would be down from January's 107.92 million, but it's worth noting that last month was the strongest since October 2021. Copper was the other commodity that he describes that has import levels rising. Let's hope this trend continues.