Tuesday 10 March 2015

Otmane El Rhazi : Commodities in doldrums waiting for Chinese upswing

Otmane El Rhazi from Mining Weekly | Ferrous Metals Home.



Soft commodities prices will require improved Chinese uptake in order to escape the doldrums, Scotiabank MD for investment banking Elian Terner told audience members at the Norton Rose Fulbright Latin America mining breakfast last week. “The story is pretty much China; that’s the elephant in the room,” Terner said. “When China slows down, the commodity markets are all affected whether they are copper, gold, silver, iron-ore, oil and gas etcetera.”

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