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Strategies & Market Trends : Booms, Busts, and Recoveries -- Ignore unavailable to you. Want to Upgrade?

To: Haim R. Branisteanu who wrote (41270)	11/11/2003 8:18:53 PM
From: Challo Jeregy	Read Replies (2) \| Respond to of 74559

hi Haim - excuse my interruption - I just saw this but cannot confirm - zentrader Posted: Nov 11 2003, 07:00 PM Member Group: Members Posts: 123 Many here have commented on the recent melt-up (excuse the expression ) in metals prices such as copper nickel etc. My company does a great deal of outsourcing of manufacturig to China. One interesting thing that was discussed recently was our Chinese suppliers was the fact that there is a 4% Value Added Tax that is going to be imposed by the Chinese govt' on imports of raw materials by Chinese manufacturers on Jan 1 2004. So, in anticipation of this the Chinese manufacturers have been moving their raw materials orders forward and stockpiling massive inventories of raw materials before the tax increase takes effect... traders-talk.com ============================================== And this - US eyes Iraq wheat market dominated by Australia story.news.yahoo.com