Commodities rally seen having minimal impact on local companies


THE rally in commodity prices, specifically raw sugar and iron ore, is expected to have neutral impact on local companies using the raw materials in their production.

This is because, according to the Malaysian Iron and Steel Industry Federation (Misif) president Datuk Soh Thian Lai, the iron ore price rally is generally influenced by China’s re-stocking exercise.

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Business , iron ore

   

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