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Analysis: China rebar margins hit 2-year high amid signs of strong price support in Q2

Analysis: China rebar margins hit 2-year high amid signs of strong price support in Q2 China’s domestic rebar margins reached a two-year high of $117.9/mt April 7 on the back of strong rebar spot prices and a slight easing of iron ore input costs, S&P Global Platts data shows and bumper sales of excavators in March indicate a strong pipeline of construction activity, which should keep rebar demand and prices well supported throughout the second quarter. Rebar sales in the Beijing spot market have risen by 28% since the start of the year and by 15% since the start of March, reaching Yuan 5,280/mt ($806/mt) on April 7.

Analysis: China rebar margins hit 2-year high amid signs of strong price support in Q2

Analysis: China rebar margins hit 2-year high amid signs of strong price support in Q2
spglobal.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from spglobal.com Daily Mail and Mail on Sunday newspapers.

China excavator sales surge 39 pct in 2020

Commodity Markets - It s the Trifecta Effect!

Commodity Markets - It s the Trifecta Effect! Things move in cycles and Commodities in general have been long forgotten. Dec 11, 2020 | 12:30 PM EST When looking at one s screen and seeing that all Commodities are up 2%+ on any given day, regardless of one s fundamentals, it smells of portfolio asset allocation towards Commodities. Such indiscretion in the moves seen on the day is reminiscent of money coming into the sector. The last time we saw a bull market in Commodities was back in 2015 following the surge in Chinese stimulus buying post the Yuan devaluation. Before that, the secular bull market in Commodities reached a peak in 2011. Since 2018, President Trump s trade wars has put a lid over Commodities and goods demanded by China in general, given the tariffs and slowing down of world demand prior to the Covid-19 pandemic. This trend was exacerbated when the pandemic hit as markets and Commodities in general collapsed across the board. Since then, not only have most

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