CHINA REBAR: End-user demand remains weak; replenishment demand rises

Eastern China rebar prices were flat on Friday August 6 on rising demand from trading houses, but the end user demand kept weak, causing a week-on-week decrease of 130-140 yuan per tonne.

Domestic
Eastern China (Shanghai): 5,200-5,240 yuan ($804-811) per tonne, unchanged
Northern China (Beijing) weekly assessment: 5,100-5,150 yuan per tonne, down by 150-170 yuan per tonne

Heavy rain in Sichuan province and the southern region has caused weaker demand for rebar at construction sites,...

Investment banks ahead of the gold price, institutions still behind

Gold stocks up, juniors outperform on small cap strength

Gold stocks rebound to new highs

US$ and bonds not the safe havens normally expected

Crash driven by tech and highly cyclical sectors