{"id":63,"date":"2026-02-21T14:38:21","date_gmt":"2026-02-21T11:08:21","guid":{"rendered":"https:\/\/asgarzade.sitedar.com\/yasco\/en\/?p=63"},"modified":"2026-02-21T14:38:21","modified_gmt":"2026-02-21T11:08:21","slug":"reduction-of-metal-prices-in-the-shadow-of-chinas-central-bank","status":"publish","type":"post","link":"https:\/\/yasco.org\/en\/reduction-of-metal-prices-in-the-shadow-of-chinas-central-bank\/","title":{"rendered":"Reduction of metal prices in the shadow of china\u2019s central bank"},"content":{"rendered":"<div class=\"text\">\n<p>For the first time in 2 years china has reduced the bank profits which is an important sign showing the government need in low economic growth.<br \/>\nThis shows concerns of China\u2019s financial system and has been reflected in banks approach.<br \/>\nChina\u2019s central bank has increased the short term interest rate by 10 points or 0.1% and signaled the market that it\u2019s looking for a restrictive policy in the New Year.<br \/>\nIn markets rapid response, steel price reduced by 5.3%, zinc price reduced by 2.4% and copper reduced by 1.1% and the growth of the past week was destroyed.<\/p>\n<p>Iron ore prices reduced by 4.1% in the physical market transactions at Chinese ports and was priced 19.82$ per ton. Trading volume was low and many merchants have chosen Monday, February 6 as the starting day of trading.<br \/>\nAnalysts expect growth in demand of Monday\u2019s trading because the Chinese steelmakers require purchasing and storage after the holidays and this is an opportunity for the traders.<\/p>\n<\/div>\n<p><span class=\"news-date\">Publuish Date : 2017\/02\/03<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>For the first time in 2 years china has reduced the bank [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":65,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[],"class_list":["post-63","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news"],"_links":{"self":[{"href":"https:\/\/yasco.org\/en\/wp-json\/wp\/v2\/posts\/63","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/yasco.org\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/yasco.org\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/yasco.org\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/yasco.org\/en\/wp-json\/wp\/v2\/comments?post=63"}],"version-history":[{"count":1,"href":"https:\/\/yasco.org\/en\/wp-json\/wp\/v2\/posts\/63\/revisions"}],"predecessor-version":[{"id":66,"href":"https:\/\/yasco.org\/en\/wp-json\/wp\/v2\/posts\/63\/revisions\/66"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/yasco.org\/en\/wp-json\/wp\/v2\/media\/65"}],"wp:attachment":[{"href":"https:\/\/yasco.org\/en\/wp-json\/wp\/v2\/media?parent=63"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/yasco.org\/en\/wp-json\/wp\/v2\/categories?post=63"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/yasco.org\/en\/wp-json\/wp\/v2\/tags?post=63"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}