China’s commodity imports show strong demand

China’s commodity imports for November suggest demand is strong; with most sectors recording a solid bounce from October. But high import volumes in late 2019 pushed some annual growth rates into negative territory. The recent price rally ahead of the seasonal demand slowdown may stabilise imports in coming months. Oil imports were resilient against expectations […]

ANZ commodity report shows agriculture holding up well

ANZ’s latest commodity report reveals Australia’s agriculture sector is faring better than other industries as ‘panic buying’ from consumers during the coronavirus pandemic boosted products including wheat, grains and beef. Some segments have been adversely affected though, including the wine, seafood and wool industries that rely heavily on China. The impact of the pandemic has […]