maandag 25 januari 2021

Iron Ore Vs. Floor Space Under Construction China

Iron ore is correlated to China construction.

 

Floor space under construction by property developers in China. 



All the construction data for China can be found here.
https://www.ceicdata.com/en/china/commodity-building-floor-space-under-construction-monthly

China steel production data needs to be monitored.




Gepost door op 10:34
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3 opmerkingen:

  1. Unknown25 januari 2021 om 10:49

    Love the charts! So if the construction slows down that aussian article might have a point, right?

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    1. katchum25 januari 2021 om 10:54

      Yes, we need to see construction pick up for iron ore prices to go up.

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  2. Unknown25 januari 2021 om 11:07

    dank je, je bent scherp! ;)

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