123ArticleOnline Logo
Welcome to 123ArticleOnline.com!

ALL >> Business >> View Article

The Woo Group Predicts A Bullish Year For Titanium

By Author: Woo Group
Total Articles: 24

July 12, 2013 - HONG KONG -- The Woo Group expects worldwide investment demand for titanium to reach a value of four billion dollars in 2013. A report released by The Woo Group today forecasts that titanium’s spot price will reach another historical high in 2014. Titanium´s rise in value can be linked to the recent pick-up of the aerospace industry. Manufacturers, such as Boeing and Airbus are creating a lot of demand for the light weight flexible metal. Over ten million dollars in titanium are used to produce a single airliner.

The Woo Group’s own Head of Investment Analysis, Dr Lian Cheung, has a lot of confidence in the plan, “Gold was a bubble, and it has burst. It is time to invest in a new material that has applications across a number of fields, such as medical technology, nuclear power plants, oil and gas drilling, not to mention the aerospace industry. Titanium, unlike gold, is also highly resistant to fluctuations in currency values because the projects that it is used for are generally quite expensive to start with.”

Chief Executive Officer at The Woo Group Mr Jason Woo said “We are currently looking at a plethora of titanium producing companies for potential investment, and given the current demand for the metal we foresee the sector performing well, and certainly we will identify those most undervalued producers to capitalise on the market trend”.

“Ferro Titanium, which currently trades at 6,800 USD/t, has dropped in value compared with its price of 7,500 USD/t in July 2012, and with a strong demand from the aviation industry the metal is likely to be a strong performer in 2013-2014” said Head of Investment Analysis, Dr Lian Cheung.

Total Views: 65Word Count: 282See All articles From Author

Business Articles

1. Five Things You Could Be Doing Wrong While Choosing Your Renovations Team
Author: Stephen Kavita

2. Add Value To Your Lancaster Home With The Right Renovations & Remodeling
Author: Cory Frank

3. Get The Most Out Of Family Counseling
Author: Cory Frank

4. The Case For Composite Decking
Author: Blue Star Carpentry

5. Motivation & Support
Author: EnemarkFitness.Lu

6. What Is A Leased Line And Its Advantages
Author: Ketan Shah

7. Carpet Cleaning And Flood Damage Repair
Author: Irvinecarpetcleaningmain

8. General Description About Bolts
Author: Harpreet Chhabra

9. Garage Door Service Irvine
Author: fastergaragedoors

10. Carpet Cleaning In Tustin
Author: gfcmain1

11. Colorado Garage Door Company
Author: broncogaragedoorservice

12. Hollywood Hills Carpet Cleaners
Author: Socalcarpetcleaning1

13. Custom Home Bars Make The Perfect Spot For Your Home Parties
Author: Larry Lynch

14. Overview On Benefits Of Telco Cost Saving To Benchmark Your Business
Author: Amber Brake

15. Corona Del Mar Carpet Cleaning
Author: greenfloorcaremain

Login To Account
Login Email:
Password:
Forgot Password?
New User?
Sign Up Newsletter
Email Address: