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2/2 © Reuters. FILE PHOTO: An employee monitors molten iron being poured into a container at a steel plant in Hefei, Anhui province September 9, 2013. REUTERS/Stringer 2/2 (Reuters) – Goldman Sachs (NYSE:) said it no longer saw China as the center of commodities pricing, reasoning the pace of demand recovery in developed markets suggested Beijing as a buyer has been crowded out by Western consumers. “The bullish commodity thesis is neither about Chinese speculators nor Chinese demand growth. It is about scarcity and the DM-led recovery,” the bank said in a note dated May 27. While commodity prices fell...
