Gold headed lower over the duration of the week started May 23, with bullish confidence dented by mutterings from the US Federal Reserve Board of an earlier-than-market-expects interest hike and restricted physical demand to pick up any slack. Is gold’s bull run over or just getting going? Attitude this week was certainly mixed.
Posts tagged ‘China’
May 17, 2016 14:00 UTC
Aristotle developed the idea that a vacuum couldn’t exist in nature because the denser matter around it would immediately fill the space. The first few months of 2016 have shown that the US DDGS export market also abhors a vacuum.
In late 2015, the Chinese Ministry of Commerce announced it would begin an investigation at the request of local ethanol producers into allegations that US producers were dumping cheap dried distillers grains onto the Chinese market.
What happens next will provide some insight into the future of the DDGS market and where the opportunities for expansion lay.
March 31, 2016 05:01 UTC
Shipping, rather than commodity prices, can often be a good barometer of the overall health of China’s manufacturing and of international trade, so it was quite a surprise to see a large number of empty container berths in the vast, sprawling container terminals of Singapore last week.