The global aluminium market continues to be driven by Chinese producers, which plan to add significant new capacity at lower costs.
2016 is shaping up to be a crucial year for copper producers and copper markets. Its biggest consumer, China, is going through a period of slower economic growth, with structural transitions under way and a depreciating currency.
Online retail showed further encouraging signs of growth in June, to be 0.9% higher compared to May, and 9.5% higher compared to a year ago. On the other hand, ABS data showed negative comparable sales growth at traditional retailers in May, to be 0.3% lower than April
Online retail sales growth rebounded in May, after a small decline in April. Online spending totalled $15.3 billion in the past year. Groceries & Liquor and Electronic Games & Toys continued to strengthen while Daily Deals and Personal & Recreational Goods experienced negative growth