CBA says strong demand would limit China’s ability to cool commodity prices
"China is a big economy, it’s a fast-growing economy and uses lots of commodities in doing so. Ultimately, it probably can’t pick the price it wants but it can affect the path of those prices."
In particular, CBA’s agricultural strategist, Tobin Gorey, says that the
We use cookies to ensure that we give you the best experience on our website. If you continue to use this site we will assume that you are happy with it.
We and our partners store and/or access information on a device, such as unique IDs in cookies to process personal data. You may accept or manage your choices by clicking below, including your right to object where legitimate interest is used, or at any time in the privacy policy page. These choices will be signalled to our partners and will not affect browsing data.
We and our partners process data to provide:
Use precise geolocation data. Actively scan device characteristics for identification. Store and/or access information on a device. Personalised ads and content, ad and content measurement, audience insights and product development.