World Bank Warns on Size of Shadow Banking Of Chinese Debt

The World Bank warn the steep growth of shadow banking could trigger a debt crisis in China in it’s October report on the East Asian and Pacific economies. They see Chinese debt levels and it’s “shadow banking” as one of the greatest threats to regional prosperity.

Russia Consolidates Position as Number One Exporter To China For Crude Oil

Oil analysts speculate over OPEC capabilities, shale production and product demand in hopeful scenarios to satisfy a bullish investor environment. The reality is with the U.S. shale presence Russia and Saudi Arabia exports matter and Chinese oil refineries are the prize.

Copper 3 Year Highs Near As Record Speculative Longs For Third Week

Copper prices continued higher Monday to its highest close since November 2014. Industrial metals have been on a tear with Zinc hitting a 10 year high last week. The Chinese demand and supply equation continues to buoy base metals.

Commodities Get Boost From China’s Xiongan New Economic Zone

Over the past few weeks we have seen aggressive buying and new highs in the metals, in particular base metals Zinc, Lead and Nickel. The bringing forward of China’s Xiongan New Area.

Iran Oil Exports to China Rise To Highest in 11 Months

Iran is seeing the benefits from cutting it’s crude oil prices to gain market share. Iranian crude exports to China may rise to the highest in 11 months in August two tanker sources told Reuters on Thursday. Iran crude and condensate exports to China are seen at 733,000 barrels per day (bpd) in August. This would be a 11 percent rise in crude volumes month-on-month.