Iron Ore: Slowing China Economy Clouding Demand
Iron – Reuters reported a slowing Chinese economy clouding the demand outlook in the world's top consumer and halting producers' buying interest for iron ore.
Articles Tagged "China"
China’s Allocation of 2012 Rare Earth Quotas
Rare Earth – IBTimes reported on changes to the way China allocates its rare earth quotas.
China Considers Unification of Rare Earth Sector
Rare Earth – IBTimes reported that China is looking at amalgamating its rare earth sector into one giant manufacturer.
Lower Inventories for North American Potash
Potash – Reuters reported that shipments to China helped reduce North American potash inventories.
Indonesia Thermal Swap Contracts Drop
Coal – Bloomberg reported that sub-bituminous coal swap contracts from Indonesia fell along with prices for China deliveries.
Spot Iron Ore Dragging
Iron – Reuters reported Chinese low steel prices on Friday have investors doubting higher prices and dragged iron ore below $140 a tonne for the first time since February.
Weekly Round-Up: Global Industrial Decline, European Woes Bog Down Commodities
Commodities are lower across the board as Europe's financial situation continues to worry investors and industrial production in both China and India declines more than expected. Energy and base metal demand are expected to remain sluggish, while a rise in the greenback is keeping investors from shoring up gold.
Lower Gold Prices May Stagnate Chinese Demand
Gold – Bloomberg reported that China's demand for gold may slow down as investors shy away due to lower prices.
Copper Gains as Greece Secures EFSF Bailout, but Worries Remain
Copper – Copper is holding steady following the European Financial Stability Facility's scheduled Greek bailout payment. Nonetheless, political as well as economic uncertainties are prevailing across Europe, and coupled with a decline in copper demand from China, are likely to keep copper from making any significant gains.
Iron Ore: No Sales
Iron – Reuters reported iron ore remained untraded in China on Wednesday.
