铁矿石交易员称,买家正在场边观望;由于出口下滑且信贷收紧,钢厂不愿采购铁矿石,中国港口的库存不断累积。
Iron ore traders say buyers are standing on the sidelines and stockpiles are rising in China's ports as a drop in exports and tightening credit make steel mills reluctant to add inventory.
他说,由于全球性的衰退,2009年的出口可能会比去年同期下滑6%。
Exports may decline 6 percent in 2009 from a year earlier because of the global recession, he said.
由于没有本国货币可以贬值,这些国家应对出口下滑的唯一途径就是收缩本地需求,让进口下降得更加迅猛。
With individual currency devaluation not an option, the only way these countries can adjust as exports fall is for imports to fall even faster through a contraction in domestic demand.
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