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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory -- Ignore unavailable to you. Want to Upgrade?


To: russwinter who wrote (28057)3/8/2005 7:48:06 AM
From: orkrious  Read Replies (2) | Respond to of 110194
 
from mish's thread

Copper consumption growth may be slowing
By: Dorothy Kosich
Posted: '07-MAR-05 03:00' GMT ?Mineweb 1997-2004

TORONTO--(Mineweb.com) When copper prices declined this past week to their lowest levels in two months, it indicated to metals analysts that demand might be easing.

Nevertheless, in a presentation to the Prospectors and Developers Association Convention Sunday in Toronto, Commodities Analyst Adam Rowley of London's Macquarie Bank predicted that markets will stay tight for prolonged period. "Market inventories are getting very, very tight," he said, adding that markets will be in deficit again this year.

Rowley has consistently maintained that economic growth in the US, China and Asia are creating strong demand for copper on top of a market already in deficit. However, the average annual growth rates assumed for China are "much, much slower than the past four years," he explained. Additional mine production and slower regional growth are pressuring copper prices downward, which could mean slower demand.

mineweb.net



To: russwinter who wrote (28057)3/8/2005 9:54:17 AM
From: RealMuLan  Read Replies (2) | Respond to of 110194
 
As I said, now the Chinese gov. has started to take some measures to curb the pollution problems, the things will get better.

As for the production of grain, super/genetically engineered rice might raise the rice production by 30% once the Chinese gov. decides to use it.

A lot of research from Stratfor is done by STRATEGIC Forecasting Inc., which I read has some association with CIA. And their research about China is their wishful thinking, unlikely to happen. Just look at the track record of CIA research about China since 1950, that pretty much tells the story.