China’s Commodity Stockpiles Remain A Complete Mystery ...Middle East

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China’s Commodity Stockpiles Remain A Complete Mystery
source : OILPRICE ( Middle East ) () 11
China has been trying to cool surging commodity prices by releasing inventory from its strategic reserves. The higher prices of oil, coal and metals have raised manufacturing costs, slowed down factory activity growth, and increased inflation in the world’s largest commodity consumer.  Every week since April this year, Chinese authorities have announced measures to control the price of many commodities, including energy and metals.   With all those auctions and reported releases of crude and coal from China’s strategic…

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