Although a strong start to the year could be sustained in Q112, we expect base metals to experience a difficult and volatile year as macro headwinds continue to weigh on equities and metals. Below we outline our key views on the metals sector in 2012.
China’s hard landing will weigh on global metal demand, particularly for metals tied to fixed capital investment. Whilst we are below consensus regarding metal prices in 2012, we are not calling for a crash and expect prices to remain elevated on a historical basis.
Copper and tin will be outperformers in the metals complex Iron ore, lead and zinc, will lag the metals complex due to record inventories and a significant slowdown in Chinese economic activity. Out of the laggards, we expect lead to outperform zinc as it is less tied to fixed capital investment in China.
Thai Mango growers complain of low prices and fewer exports
Because of the global COVID-19 pandemic, their mangoes are not being exported, due to fewer buyers, and their prices have plunged to between 10 and 20 baht per kilogram, depending on size.
Mango orchard owners in Thailand’s northern province of Phitsanuloke are seeking help from the provincial administration to promote the sale of their sweet fruit, particularly Barracuda Mango variety.
Foreigners’ Participation in Thai Listed Companies explained
Special vehicles have been created to facilitate foreign investors so that they are able to invest in Thai
securities flexibly and conveniently.
Global Gaming Expo Asia Overview
This event is a must for anyone involved in the Asian gaming industry: an overwhelming 95% of Asian casino and sportsbook operators attend G2E Asia to present their products
G2E Asia – an abbreviation for Global Gaming Expo Asia – is a renowned iGaming event and entertainment business hub where companies from all over the globe come to exhibit their latest products and innovations.
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