ShippingWatch

China sets new records for gobbling up the world's commodities

In a year characterized by industrial capacity cuts, environmental curbs and financial deleveraging, China's consumption of everything from crude oil to soy beans is setting new records.

Photo: /ritzau/Andre Penner

China continues to gobble up the world's commodities, setting new records for consumption of everything from crude oil to soybeans.

In a year of flux marked by industrial capacity cuts, environmental curbs and financial deleveraging, demand for raw materials has continued to grow in the world's biggest consumer, helping drive a second annual gain in global commodity returns.

Read the whole article

Get 14 days free access.
No credit card required.

  • Access all locked articles
  • Receive our daily newsletters
  • Access our app
An error has occured. Please try again later.

Get full access for you and your coworkers.

Start a free company trial today

More from ShippingWatch

Alphaliner: HMM set to go private in 2022

The South Korean state is reportedly prepared to divest container line HMM after having rescued the company from bankruptcy in 2016. According to Alphaliner, South Korea's central administration has confirmed a plan to privatize the carrier in 2022.

Further reading

Related articles

Latest news

See all jobs