There is strong commodity demand still emerging from Asia, which is expected to grow further as most of the demand is emanating from developing economies.

Energy security is top of the agenda for oil-importing nations, efforts are made to diversify the source of oil supplies and build strategic petroleum reserves.

Currently freight rates are below their record highs of 2004, but when compared to historical averages, freight continues to remain strong.

It's weaker than expected due to the decline of inventories, but final demand is quite strong. Basically, it's a strong report despite the weak headline number. Consumption and all domestic demand is firm. Exports are also strong, showing that demand is quite balanced.

We've seen strong and growing demand across the globe, spanning the gamut from developed countries to emerging economies in all major regions.

Mongolia is the best-kept secret in emerging markets in Asia.