Comments on: Power Shortages Affect Gold, Platinum and Aluminum http://agmetalminer.com/2008/01/28/power-shortages-affect-gold-platinum-and-aluminum/ Sourcing & Trading Intelligence for Global Metals Markets Sun, 20 May 2012 19:02:00 +0200 hourly 1 http://wordpress.org/?v=3.3.2 By: Do Trends in the Aluminum Industry Carry Over to All Metals? | MetalMiner http://agmetalminer.com/2008/01/28/power-shortages-affect-gold-platinum-and-aluminum/comment-page-1/#comment-61 Do Trends in the Aluminum Industry Carry Over to All Metals? | MetalMiner Thu, 31 Jan 2008 12:04:01 +0000 http://agmetalminer.com/2008/01/28/power-shortages-affect-gold-platinum-and-aluminum/#comment-61 [...] recent power problems in China, largely caused by bad weather reported in our recent article, comes at the same time as widespread power problems in South Africa have affected Ferro-Chrome, [...] [...] recent power problems in China, largely caused by bad weather reported in our recent article, comes at the same time as widespread power problems in South Africa have affected Ferro-Chrome, [...]

]]> By: admin http://agmetalminer.com/2008/01/28/power-shortages-affect-gold-platinum-and-aluminum/comment-page-1/#comment-56 admin Mon, 28 Jan 2008 17:25:48 +0000 http://agmetalminer.com/2008/01/28/power-shortages-affect-gold-platinum-and-aluminum/#comment-56 Energy is a huge issue for China...combine that with severe water shortages and the picture looks pretty grim. Maybe weakening global demand in 2008 for all sorts of materials will give China's manufacturers a short term breather. But it doesn't seem like there are any imminent solutions...LAR Energy is a huge issue for China…combine that with severe water shortages and the picture looks pretty grim. Maybe weakening global demand in 2008 for all sorts of materials will give China’s manufacturers a short term breather. But it doesn’t seem like there are any imminent solutions…LAR

]]> By: the doctor http://agmetalminer.com/2008/01/28/power-shortages-affect-gold-platinum-and-aluminum/comment-page-1/#comment-55 the doctor Mon, 28 Jan 2008 16:16:25 +0000 http://agmetalminer.com/2008/01/28/power-shortages-affect-gold-platinum-and-aluminum/#comment-55 The China energy crisis is right on schedule, as per the doctor's predictions. And now that coal prices are floating freely, as you point out, it's going to be even worse! "Fourthly, you need energy to operate your plants - and this is where the numbers get really, really scary. Up to 30% of factories in China are periodically idle for weeks at a time due to power outages. According to the article, Northeast China is expected to exhaust power generation capacity by 2010! But if the rate of outsourcing to China continues to increase, I would predict that this could happen by 2008 - which is only 2 years away! After all, the actual increase in energy usage last year was 15%, not the 5% that was predicted. As it stands, China's energy needs are expected to double by 2020 at the latest!" http://blog.sourcinginnovation.com/2006/07/06/is-low-cost-country-sourcing-to-china-really-innovative.aspx The China energy crisis is right on schedule, as per the doctor’s predictions. And now that coal prices are floating freely, as you point out, it’s going to be even worse!

“Fourthly, you need energy to operate your plants – and this is where the numbers get really, really scary. Up to 30% of factories in China are periodically idle for weeks at a time due to power outages. According to the article, Northeast China is expected to exhaust power generation capacity by 2010! But if the rate of outsourcing to China continues to increase, I would predict that this could happen by 2008 – which is only 2 years away! After all, the actual increase in energy usage last year was 15%, not the 5% that was predicted. As it stands, China’s energy needs are expected to double by 2020 at the latest!”

http://blog.sourcinginnovation.com/2006/07/06/is-low-cost-country-sourcing-to-china-really-innovative.aspx

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