China Commodity Imports: Oil Down, Copper & LNG Jump, Iron Ore Flat
China’s major commodity imports were again solid in October. Oil fell sharply as deliveries again slowed from the great buying spree earlier this year when prices plunged to all-time lows; copper imports however soared, LNG imports rose, and while iron ore shipments eased a touch but were still well above 100 million tonnes for yet another month.
Read More