The world economy is on the mend and as it attempts to grow further, more and more metals would be consumed taking the industry to a higher growth pedestal. In India, the overall economy is surging ahead, so the inventory levels of various metals are coming down, which is ultimately pushing the metals’ prices.
In the view of cost of production, demand, policies, consumption, logistics, etc, in determining domestic metals’ prices it is important to explore the reasons for the elevated cost levels in the Indian metal industry. The reasons are expected to be well explained at Minerals & Metals Review’s (MMR) second one-day seminar on metals pricing ‘Metals Outlook & Market Trends 2010’ on April 29, 2010, which will be held at Indian Merchants’ Chamber, Churchgate, Mumbai.
To discuss the current trends, in the opening session of the seminar, speakers will focus on why metals are catalyst of growth in Indian economy and the increasing role of China in global metal market.
The resilient outlook of metal industry in India has attracted many foreign investments. In the subsequent sessions, the seminar would shed light upon role of financial services, forecast for raw materials prices, demand drivers & potential for precious metals and price risk management through commodity exchanges.
The seminar would serve as a launch-pad for discussion as the eminent speakers will impart knowledge on how the increasing divergence between domestic and international metal prices playing a role in India’s metal demand.
In the end, to determine the pricing forecast on precious metals, the seminar will impart technical analysis in correlation with crude oil, US dollar, etc. A panel discussion involving eminent personalities will review overall pricing outlook and the trends in the metal industry to conclude the event.
It will draw together the experts from commodity exchanges, banking professionals, industry personnel, metal traders, dealers, analysts, stock brokers, consultants, and management students. The seminar is envisaged as a catalyst for the development of metal industry in India.
For additional information about the company and event, contact the undersigned or visit: www.mmronline.com
