2013 CBI Metal Week

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  ● Training
• ● Price risk management
• ● Benefits of hedging
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  Lecturer：William Chin, VP, BD & Risk, London Metal Exchange
  
  

Macro-economy has no sign of fast recovery
In the short term, investment, consumption and export will improve in China. China’s economy is expected to stabilize and recover in Q4 2012. Statistics show that the recovery of non-ferrous metal industry is slightly behind the recovery of macro-economy. China’s economic outlook for 2013 is not encouraging. Exports will remain weak. The state-led investments will be limited. The income distribution reform’s effect on consumption will not be visualized immediately. Therefore, the existing troubles for China’s economy will last into the first half of 2013. China’s new leadership will face tougher internal and external environment in making its economic policies. Stabilization and structural adjustment will still be the theme of China’s economic policy.

“Financial attribute + infrastructure investment” prop up metal prices
Obama is a supporter of Bernanke and his re-election means that the ultra-loose monetary and fiscal policies by the Fed will continue. US Treasury yields should fall, which should also push down the value of the US dollar and be mildly bullish for metal commodities with strong financial attributes. International precious metals market might be volatile, but China gold market will still have strong fundamentals. The debut of silver futures will be also helpful to optimize China’s silver pricing mechanism. In spite of adverse factors like long-term slowdown and overseas crisis, China’s economy still have plenty of positive factors.

2013 CBI Metal Week will help you grasp market trends
What’s the biggest driving force for non-ferrous metals and precious metals market in the future? The answer, unequivocally, is China factor! China is the second-largest economy in the world. Its ongoing economic reform must have a profound effect on the metal industry. China factor is quite likely to be the biggest driving force for global non-ferrous metals and precious metals market. 2013 CBI Metal Week, a famous event brand in China, will get together China’s elites in non-ferrous metals and precious metals industry in Shanghai next year. We sincerely invite you to join us!

About Us

Shanghai CBI Commercial Development Co., Ltd., a brand of CBI Group, is the largest event organizer in commodities market in China. Its predecessor is CBI EVENTS. Its services ranging from industry summit, market forum, business delegation, trade fair, exhibition to training. The company has been working closely with commodities sector, i.e. petrochemicals, energy, iron & steel, non-ferrous metals, paper, agricultural products, etc., and is actively exploring new fields such as mineral resources, new energy, transport and logistics, manufacturing, utilities, finance and investment, etc. Every year, CBI organizes over 300 exhibitions and conferences and serves more than 30,000 professional clients in the above sectors