Rob Bates: Rosy Industry Fundamentals Need Fundamental Demand

Opinion piece
26/09/2015 08:28

Following the release of the De Beers 2015 Insights report, Rob Bates takes another look at the ubiquitous supply-demand chart, questioning the rosy outlook - in which demand will outpace supply and prices will consequently rise - painted by the mining company. Bates argues that contrary to the theory, demand hasn't quite followed the predicted upward curve, demonstrating that without some serious industry effort to boost demand, that bright future is by no means guaranteed.