Geldzug: THIS YEAR’S CHINESE TAKEAWAY

Geldzug: THIS YEAR’S CHINESE TAKEAWAY

24 Mar, 2017

In 2016 Australian coal and iron ore miners enjoyed a jump in commodity prices thanks to capacity closures mandated by the Chinese government. Prices have since pulled back from their peaks, and companies such as BHP and Fortescue have warned that the current level of prices cannot be sustained. We provide an overview of why the Chinese government has been shutting down coal-fired power stations, and explain why commodity prices will fall back again… [read more]

2017-03-27T22:19:32+00:00March 27th, 2017|