LME SINGAPORE GALA: Bulk commodities long-term outlook improving despite short-term volatilities

Despite short-term volatilities, the long-term outlook for bulk commodities is improving amid supply-side reforms in China, according to Zhou Hao, senior emerging markets economist at Commerzbank.

Under these reforms, China is attempting to reduce overcapacity in sectors like steel and coal, and the commodities sector has benefited, Zhou told delegates at the inaugural LME Singapore Gala on Tuesday September 12. China has been undertaking supply-side reforms in its steel and coal sectors as part of its plans to tackle overcapacity...

Published

Vivian Teo

September 12, 2017

11:05 GMT

Singapore