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China: the wizard of Oz
Chinese demand will keep Australian miners in business. That’s the good news. But given that the Chinese market is the main constituent of global dry bulk demand, the volatility factor is ever present
Julian Macqueen - Monday 15 February 2010
Australia – a major producer and exporter of dry bulk commodities – might have seen its exports fall in value, but on volume, both production and trade are expected to stick to their upward path. That’s the assessment coming from Australian forecaster Abare which says that despite the battering from softer contract pricing for iro...
