Monday, April 13, 2009

Quick Overview

  • YoY Japan’s producer prices fell 2.2% in March

  • China's official Purchasing Managers Index rose to 52.4 in March from 49.0 in February -- the first time the index has been expanding since September.

  • Industrial output in China rose 8.3% in March

  • YoY China's currency reserves grew by 16% in the first quarter. This puts China's currency reserves at US$1.9537 Trillion

  • MoM Chinese copper imports rose 14 % to a record 374,957 metric tons.

  • China, may import corn from the U.S. as prices are now competitive compared with local supplies Chinas National Grain and Oils Information Center said.

  • India ended its 60% import duty on sugar in an effort to relieve a shortage at home.

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