Tag: commodities

Related Posts

BHP Books Rise in Profit on Back of Chinese Copper Demand

Australian mining giant BHP on Tuesday reported a bump in yearly profits, as China's appetite for copper helped to counter slumping prices for iron ore and coal. Chief executive Mike Henry trumpeted a strong year "marked by record production", with annual ...

It’s Been Five Years Since South Africa Started Selling Beef to the Chinese and They Still Don’t Know What They’re Doing, Says Expert

South Africa was among the first, and still one of the few African countries that has been allowed to export beef to China but today, five years later, SA ranchers still don't understand the Chinese market according Dong Wang, director of the China Marketing Solutions consultancy.

African Iron Ore Exporters Keep a Wary Eye on China’s Falling Steel Output

Iron ore prices are holding steady... for now... but investors are becoming increasingly worried about the impact that the real estate crisis and China's slowing economy overall may have on-demand later in the year.  Plus, Chinese officials have tried to limit ...

African Countries At Risk From China’s Economic Deceleration

The South African rand has long served as a sort of early warning system for investors to gauge the impact of Chinese economic news. And yesterday, the alarms sounded as the value of the South African currency fell 1.1% in response to worse-than-expected third-quarter data ...

Global Metals Market on Edge Following Guinea Coup and Mounting Concerns About China’s Economy

The coup in Guinea combined with new indicators that China's economy may be slowing is contributing to a period of considerable turbulence in global metals markets as investors try to gauge the impact of these trends on Chinese demand for bauxite, copper, and iron ore:

Analysis from Cobus van Staden

The Pain of Un-Polarity

“THE G2 WILL BE CONVENING SHORTLY!”
This post by U.S. President Donald Trump in the run-up to his meeting with Chinese President Xi Jinping last week may end up leaving a more lasting mark than the actual summit he attended.

Get a daily email packed with the latest news and analysis from Africa, Asia, and across the Global South.
Read exclusive insights on the key trends shaping ...

Chinese Oil Buyers Have a Renewed Appetite for Angola Crude

After a quiet past few months when oil prices slid from the once heady highs, Chinese refiners are showing signs of increased demand for Angolan crude. Traders in Asia and Europe told Reuters that Chinese buyers have been snapping up Angolan oil at higher premiums than in ...

Week in Review: Ore, Oil & Oranges

China's major oil suppliers in Africa and the Middle East are bracing for a downturn in prices after Beijing ordered the country's largest refiner, Sinopec, to scale back operations. Sinopec will reportedly reduce refining of road and aviation fuels by up to 10% in response to the slowdown ...

As Much as China Probably Wants to Shift Its Iron Ore Buys From Australia to Africa, It Won’t Happen Soon

There's been a lot of discussion over the past year about China's desire to eliminate its dependence on Australian iron ore in favour of supplies from countries like Guinea, Algeria, South Africa and Brazil among others. China has been steadily trying ...

Amid Rising Instability in a Growing Number of African Countries, the Question of Whether China Will Remain Engaged Looms

One of the original China in Africa memes that still endures today among many people on the continent is that the "Chinese want to colonize Africa" and want to "invade" the continent using a mix of debt traps, trade dependency, and immigration.

Uganda Wants to Make It Big in China’s Booming Coffee Market

Uganda, like many African countries, suffers from an enormous trade deficit with China. Last year, according to UN figures, Uganda exported just $40 million worth of goods to China but imported more than $1.3 billion in return. The government in Kampala ...

Booming Chinese Demand for African Metals and Minerals Pushes Prices to Record Highs

These are good days for Africa's metals and mineral exporters, who are seeing record prices thanks to strong demand, in part, from China and international automakers that produce new energy vehicles. The timing for this latest "commodity supercycle," ...

Zambia Stands to Benefit From Rising Copper Prices Due to Heightened Chinese Demand

While Zambia tries to figure out how if/how it plans to restructure its $12 billion debt portfolio, government coffers stand to benefit from resurgent copper prices, a major source of export earnings. The price of copper recently ...
Page 1 of 212