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China commodities output weak in first two months of 2016

Power generation, implied oil demand up a tad; natural gas output rises 5.7%
Monday, March 14, 2016 - 05:50

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China accounts for nearly half of global steel production but domestic mills are under heavy pressure to cut output as a result of declining demand.

Beijing

CHINA'S output of key industrial commodities including coal and steel continued to shrink in the first two months of the year amid chronic oversupply, while crude oil production slipped as a global price slump took its toll.

Economic activity data also remained weak in

sentifi.com

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