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The typical pattern of China building up metals inventories in Q1 and using up through the rest...

The typical pattern of China building up metals inventories in Q1 and using up through the rest of the year isn't holding as the piles keep growing larger, with granaries and car parks taking the excess from brimming warehouses. The stationary cargo trains at Qingdao port are tell a different story than still-decent PMI reports.
Comments (2)
  • brachiosaurus
    , contributor
    Comments (237) | Send Message
     
    if this were like the US natural gas market, people would be talking about how the price of metals are going to zero.
    18 May 2012, 02:06 PM Reply Like
  • TwistTie
    , contributor
    Comments (2476) | Send Message
     
    Don't worry about this.

     

    China is getting ready to build a rocket sled to take fun loving Shanghai residents to the Kashmir.
    18 May 2012, 02:08 PM Reply Like
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