A leader of the world commodity futures markets in the ...
Jeremy Grantham of Grantham Mayo Van Otterloo (GMO) estimates China's current share of global consumption is 53.2% in cement, 47.7% in iron ore, 46.9% in coal, 45.4% in crude steel, 41.3% in zinc, 40.6% in aluminum, 38.9% in copper, 28.1% in rice, 24.6% in soybeans, 16.6% in wheat and 10.3% in oil. 1 These figures simply demonstrate the ...
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