CESCO ASIA: Metals can still count on real demand from China, keynote speakers say

Chinese demand is still driving the commodities market and capital is coming back to the market after years of mismatch between supply and demand, keynote speakers told delegates at the 12th Metal Bulletin Asia Copper Conference in Shanghai on Wednesday November 16.

“The LME has been relatively quiet over the past three years, while open interest in China’s domestic market has continued rising slowly – so demand has not been falling as much as we expected but instead is still rising,” Luo Shengzhang, gm of Jinchuan Maike Metal Resources, said. Real value was...

Published

Kiki Kang

Echo Ma

November 16, 2016

12:50 GMT

Shanghai