Reuters: Headlines stating the China will not continue to buy metals for reserves in the current environment – Caijing quoting NDRC official.
Apparently China has bought 235,000 tonnes of copper, 30 tonnes of indium and 5000 tonnes of titanium. However, State purchases for reserves will not continue under current market conditions said Yu Dongming at the NDRC’s metallurgical department told a conference.
No change in AUD, yet.
