China reported strong imports of crude oil and copper in January, the latest in a series of upbeat data that have propelled the price of several commodities to their highest in months.
China is the world’s biggest consumer of many commodities, including copper, cotton and iron ore, and analysts and investors watch its trade data for signals about demand trends.
While some investors are fretting about a collapse in the Chinese housing market and a “hard landing” for the country’s economy, many commodity traders are becoming increasingly optimistic about the prospects for demand as a government-induced credit crunch that had weighed on buying is coming to an end.
您已阅读29%（667字），剩余71%（1632字）包含更多重要信息，订阅以继续探索完整内容，并享受更多专属服务。