Far East Capital Newsletter
Ending of the China lockdown is the new variable for 2023
8 Jan 2023

In This Issue

Ending of the China lockdown is the new variable for 2023

The ending of the China lockdown is the most important new factor to consider right now. In theory it should mean greater demand for manufacturing inputs and commodities, and that should push commodity prices higher, to the benefit of our mining sector. Oil prices are expected to rise, but what will China's appetite do to the inflation figures around the world? The sudden ending of the lockdown introduces new uncertainties that will stimulate debate amongst speculators and traders.

Our stock market has been quiet on thin volumes in the first few days of 2023, but leaders such as BHP have surged to new highs as the big money investors are demonstrating optimism. Gold stocks were generally higher with the gold price, but elsewhere the market has been somewhat subdued.

This week we comments on Lindian Resources, Lucapa Diamond Co, Meteoric Resources, Richmond Vanadium and Suvo Strategic Minerals. 

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