The International Monetary Fund analysed future Chinese demand for metals as its economy rebalances in its latest World Economic Outlook
John Robertson
PortfolioDirect
The International Monetary Fund analysed future Chinese demand for metals as its economy rebalances in its latest World Economic Outlook. The Fund has highlighted the importance of drawing a distinction between low grade and high grade metals in coming to conclusions about the longer term metal intensity of the Chinese economy. Fund researchers have identified key income levels at which a switch in the mix of commodities can be expected. Demand for basic and low grade commodities, like copper and iron ore, will start to grow more slowly to be replaced by metals like zinc, aluminium and tin. The IMF's analysis is a potential blow to the investment prospects of the sector leaders whose focus on iron ore and copper risks taking the brunt of China's changing pattern of economic activity.
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John Robertson is Chief Investment Strategist for PortfolioDirect a provider of resource sector investment stock ratings and portfolio strategies for mining and oil and gas investors. He has worked as a policy economist, corporate business strategist and investment market professional for over 30 years after starting his career as a Commonwealth Treasury economist in Canberra. Since being Australia's top-rated commodities analyst and chief economist at one of Australia' leading stockbroking firms, he has advised companies across the mining, consumer products, IT and biotech sectors on their equity market relations. He leads the firm's investment evaluation and security structuring activities on behalf of the Australian Small Scale Offerings Board (ASSOB), the world's first equity 'crowdfunding' investment platform. John Robertson discusses the interaction of mining and investment markets in his weekly 'From the Capital' column in Mining Journal.
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John Robertson
PortfolioDirect
John Robertson is Chief Investment Strategist for PortfolioDirect a provider of resource sector investment stock ratings and portfolio strategies for mining and oil and gas investors. He has worked as a policy economist, corporate business...
Expertise
No areas of expertise
John Robertson
PortfolioDirect
John Robertson is Chief Investment Strategist for PortfolioDirect a provider of resource sector investment stock ratings and portfolio strategies for mining and oil and gas investors. He has worked as a policy economist, corporate business...
Expertise
No areas of expertise
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