Mark Mobius, executive chairman of Templeton Emerging Markets Group, speaks during the Skybridge Alternatives (SALT) conference in Las Vegas, Nevada, U.S., on Wednesday, May 17, 2017. The SALT Conference facilitates balanced discussions and debates on macro-economic trends, geo-political events and alternative investment opportunities for the year ahead. Photographer: David Paul Morris/Bloomberg
SINGAPORE: Iron ore consumption in China will probably be sustained as Asia’s top economy builds out infrastructure, according to Mark Mobius (pic), who highlighted what he sees as a difference between the industry’s relatively stable supply-demand fundamentals and large swings in prices.
“We’ve got to separate those two things,” the executive chairman of Templeton Emerging Markets Group said in an interview in Singapore, without giving a price forecast.
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