Thursday, June 11, 2009

So Cheap....Buy Buy Buy

I came across this Macro Man blog. He talks about China's import of coal, copper, iron ore and crude oil. You should look at the graphs. The import of these natural resources has spike up a lot at the end of 2008. It seems that commodities were on cheap sale and China took the opportunity to buy buy buy. No wonder ships are filling up at Chinese harbour to unload its cargo. No wonder bulk ship rate has a big spike. 

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