#AceFinanceDesk ……………Japanese wholesale prices fell in June at a slower pace after sinking at the fastest rate in four years in May, as a rebound in Chinese demand lifted commodity costs and eased some of the deflationary pressure caused by the #coronavirus pandemic.

“But wholesale prices fell for an increasing number of goods dependent on domestic demand, such as construction materials and food products, suggesting the damage to Japan’s economy from the health crisis is broadening.”

Published: July.10: 2020: https://t.co/T153elDyPv

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#AceFinanceDesk …………….Large copper smelters in China are boosting output and taking market share from smaller ones that are closing, data from satellite surveillance of copper plants showed statement from satellite service SAVANT and broker Marex Spectron said on Friday.”

“Overall smelting activity in China, the world’s top refined copper producer, was only slightly down in June month on month despite a large number of closures, a joint statement from satellite service SAVANT and broker Marex Spectron said on Friday.”

Published: July.10: 2020: https://t.co/XARWdg2eBP

Editor says #AceNewsDesk reports are provided at https://t.me/acenewsdaily and all our posts, links can be found at here Live Feeds https://acenewsroom.wordpress.com/ and thanks for following as always appreciate every like, reblog or retweet and free help and guidance tips on your PC software or need help & guidance from our experts AcePCHelp.WordPress.Com

#AceFinanceDesk ………… China’s aviation industry sank further into the red, losing 34.25 billi on yuan ($4.89 billion) in the second quarter, only slightly narrower than in the first quarter, underlining the colossal financial impact from the coronavirus pandemic ReutersBiz reports

“In the first quarter the industry, which includes airlines, airports and other aviation companies, lost 38.1 billion yuan, according to data released by the Civil Aviation Administration of China (CAAC) on Friday.”

Published: July.10: 2020: https://t.co/jv8GQrPyXU

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