It's all about China says commodity king

With a 40% surge in profits, commodity-king Richard Elman explains how China is behind Noble''s recent phenomenal growth.

Yesterday Noble, the Singapore-listed commodity business announced a 40% increase in profits for the first nine months to $31.8 million on turnover that was up 48% to $3.2 billion - a record for the company. Its growth is being fuelled by China, and we spoke to its CEO, Richard Elman about China and its surging demand for commodities.

Is China and its growing need for commodities the big factor driving your results

Elman The industrial growth of China is motoring away and it's behind our results. Steel is key where you have an increase of around 30 million tonnes of capacity this year and planned again for next year, and...

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