Commodities pile up in China as coronavirus infects consumption
Inventories of steel products have surged to a record high, while copper and zinc supplies are at their highest in three years
29 February 2020 - 08:18
Singapore/Shanghai — China’s accumulating a vast stock of commodities that is threatening markets already hammered by the coronavirus.
As the government compels the country to get back to work, oil refineries are churning out diesel and petrol while smelters and other industrial plants continue to process raw materials into finished products such as steel and copper...
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