In One Chart: China data is ‘grim reading’ for commodities demand, economist says

Another round of lackluster readings on Chinese economic activity Tuesday should ring alarm bells over demand for metals and other commodities, an economist warned after the country’s latest round of purchasing manager index readings. “China’s PMIs suggest that commodities demand has come completely off the boil. For the recent rally in industrial metals prices to be sustained, China’s policy makers will have to deliver on promises of stimulus,” said Kieran Tompkins