Reports 2013 CTRM Global Market Size | Página 12

11 growth in CTRM for precious metals; however, as gold prices are driven by a number of influences outside of physical supply and demand, it is difficult to forecast future performance of this market. Nonetheless we do believe, based on past performance, that this commodity segment will produce a slight increase in demand (less than 3%) through 2018. As previously noted, demand for industrial metals has softened over the last 18 months. We are however forecasting growth in CTRM for metals and ores to increase by about 5% per year as market conditions for industrial consumption of iron, steel, and alloys improves. Continuing demand for agricultural products, including many softs, will help maintain prices and volatilities. Additionally, increasing adoption of CTRM products by agricultural and CPG market players will drive provide good market growth rates for technology. We anticipate that sales of CTRM capable systems will remain high as agricultural centric market participants continue to adopt to these systems to better manage price, currency, credit and operational risk associated with their long, global supply chains. In all, we anticipate growth in this commodity segment will average 7-8% over the next 5 years. © 2013 Commodity Technology Advisory LLC Houston TX and Prague CZ