Press release
Jarvis & MacKenzie talks Zinc at the Singapore Derivatives Market Forum
Addressing this year’s Singapore Derivatives Market Forum on behalf of Jarvis & MacKenzie, Andrew Patterson will be provides the firm’s outlook on Zinc.Speaking at the Conference, he said that the firm remains bullish on its outlook for base metals, including zinc, over a two year horizon from both a fundamental and inflationary perspective.
Jarvis & MacKenzie also maintain that over the medium term, China has surprised markets by its supply response this year, which has witnessed the reversing of both mine and smelter production cuts. According to the firm, this may well result in a potential delay to the upside, thereby short-circuiting the current strength. As a result significant stockpiles are now building in China.
Turning to the here and now, Jarvis & MacKenzie believe that prices may drift lower, reflecting a surge in Chinese supply and awaiting 'real' demand growth. However, the firm maintains the only real positive environment for metals is China and is sceptical as to the 'green shoots' argument in relation to Western market economies. They also retain that there remains a real possibility for markets to take a step towards the downside in 2010.
Chief Executive of Jarvis & MacKenzie Garreth Whiting, as well as other representatives of the firm from the Singapore and New York offices also attended, underlying the importance with which the firm regards the Chinese market and its potential for growth and future expansion.
Jarvis & MacKenzie (JM) is a full service commodity futures and options brokerage firm based in Singapore with offices worldwide. With our knowledge, specialized service and competitive rates, we service everyone from the first time commodities trader to the professional. At the heart of our business model is a singular focus, which is to provide our clients with highly personalized and efficient service.
MacKenzie50 Raffles Place #07-04C
Singapore Land Tower
Singapore 048623
Tel: + 65 6311 5074
Fax: + 65 6347 6174
Email: info@jarvisandmackenzie.com
Web: www. jarvisandmackenzie.com
Randolph Ingram, Director of Marketing & Corporate Strategy, Jarvis & MacKenzie
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Jarvis & MacKenzie talks Zinc at the Singapore Derivatives Market Forum here
News-ID: 101880 • Views: …
More Releases for Singapore
Singapore Probiotic Food Supplement Market Statistical Forecast, Growth Insights …
Singapore Probiotic Food Supplement Market Research Report By DataM Intelligence: A comprehensive analysis of current and emerging trends provides clarity on the dynamics of the Singapore Probiotic Food Supplement market. The report employs Porter's Five Forces model to assess key factors such as the influence of suppliers and customers, risks posed by different entities, competitive intensity, and the potential of emerging entrepreneurs, offering valuable insights. Additionally, the report presents research…
Singapore Memories: The Pinnacle of Perfumery in Singapore
In the heart of Singapore lies an olfactory haven that has garnered acclaim and admiration from both locals and tourists alike. Singapore Memories, widely celebrated as the best perfume shop in Singapore, continues to captivate scent enthusiasts with its exquisite collection of fragrances that pay homage to the rich cultural heritage and diverse flora of the region.
Unparalleled Perfumery Craftsmanship
Singapore Memories stands out in the competitive landscape of the perfume industry…
Singapore Bunker Fuel Market: Fueling Maritime Commerce | Singapore 3.5% Growing
According to a new report published by Allied Market Research, The Singapore bunker fuel market size was valued at $17.6 billion in 2020, and is projected to reach $24.5 billion by 2030, growing at a CAGR of 3.5% from 2021 to 2030.
Singapore is one of the world's largest bunkering ports and is a significant hub for the supply and trading of bunker fuel. Bunker fuel is a type of fuel…
Payroll services Singapore: Automating Businesses In Singapore Becoming More Pop …
What is payroll
Payroll is the method used to pay employees' salaries. Making a list of the personnel who need to be paid comes first, and recording the expenses comes last. It's a complicated procedure that requires cooperation from numerous teams, including payroll, HR, and finance.
1. Save money on the best payroll processing available.
In order to give you the finest service possible, a payroll services firm is always updating…
Peoplewave selected for Startup Station Singapore by Facebook and IMDA Singapore
20 February 2019, Singapore – Peoplewave, Asia’s leading data-driven HR technology company, has been selected to participate in Startup Station Singapore 2019.
Startup Station Singapore is a partnership between Facebook and the Infocomm Media Development Authority (IMDA) Singapore. Kicking off in February 2019, this programme will empower data-driven startups to accelerate their businesses in new and cutting-edge ways, while continuing to keep peoples’ trust, transparency and control over their data at…
Baby Food Sector in Singapore Global Report 2018: Top Key Players - Abbott Labor …
The Baby Food Sector in Singapore, 2018", is an analytical report by GlobalData which provides extensive and highly detailed current and future market trends in the Singapore market.
The development of the baby food sector in Singapore goes beyond the realms of disposable income and is more often dependent on attitudes to industrially prepared foods in general, the desire for convenient alternatives, and the employment status of women. Baby food manufacturers…
