Category Archives: commodities

Watch out, a big policy change looms in China!

Overnight the People’s Daily published an interview with “anonymous authorities” on the topics of China economy.  It’s a very important article as the “anonymous authorities” sends strong policy signals  The interview sends strong signals that China policy will shift from its aggressive easing in Q1 to a conservative position which focus on structural reforms. People’s… Read More »

The bubble in China domestic commodity market

We just see another bubble building up in China, aka the domestic commodity market.  On April 21st, led by bellwether Rebar Steel futures, other 7 commodities were lifted to the up limit (5% to 7%), including iron ore, HRC steel, met coal, asphalt, methanol, cotton, and egg (yes, it’s egg! No one has idea why… Read More »