February 2012 issue

2012, an unexpected scenario ?

"Almost inevitably, at some stage during the year we will discover that quantities are insufficient to meet demand" An extra 450 000 tonnes in California, but 530 000 tonnes less in AMITOM countries processing intentions indicate confidence in the first instance, and uncertainty in the second instance, on the part of the relevant industries. Or they might stem from different analyses, situations and circumstances. The US industry is currently riding a wave of market development, whereas the European industry (industries?) is struggling to stay afloat in a particularly uncertain context in terms of politics, economics and industrial considerations...

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