Goldman Sachs: China property market woes raise risks to metals’ prices

The US-based investment bank Goldman Sachs published its latest report on commodities’ prices, via Bloomberg, noting that a slump in China’s property markets would pose downside risk for metals’ prices.

Key Headlines:

'Growing vulnerability' in Chinese property markets due to the recent easing in credit conditions followed by the rise in prices

Concerns that the policy-driven boom in housing will be followed by a slump due to the 'payback effect'. This tends to be a pattern

A slump would give rise to risks for metals prices