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A rally in Shanghai rebar prices - up 8.9% in Q4, the best performance in 2 years - combines...

A rally in Shanghai rebar prices - up 8.9% in Q4, the best performance in 2 years - combines with an even bigger move in iron ore, convincing some of a renewal in the Chinese property boom. Stocks in Shanghai +1.2% last night to the highest close since early summer, and putting the market in the green for 2012.
Comments (5)
  • Weird for that article to be picking a specific future month. Spot prices have been mostly unchanged in Q4 after having plunged quite a bit:

     

    http://bloom.bg/TrZHbq
    28 Dec 2012, 07:34 AM Reply Like
  • Looking to kickstart commodity inflation. It is likely that we're looking at continued up/down volatility, not unabated appreciation.
    28 Dec 2012, 12:03 PM Reply Like
  • For months we have been highlighting a chinese rebound...

     

    http://seekingalpha.co...
    28 Dec 2012, 03:05 PM Reply Like
  • Yes, I think so.

     

    http://seekingalpha.co...
    28 Dec 2012, 04:51 PM Reply Like
  • we're in december 2010.
    30 Dec 2012, 08:22 PM Reply Like
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