Pinch point
From Wikipedia, the free encyclopedia
A pinch-point is the level of inventories of a commodity or product below which consumers of that commodity or product become concerned about security of supply. When inventories are below the pinch-point, small changes in the balance of supply and demand can cause large changes in the price of the commodity or product.[1]
The term was suggested in 1988 by Walter Curlook (Executive Vice-President of Inco Ltd) and was first published by Raymond Goldie with Rob Maiman in 1990. In 2000 Raymond Goldie trademarked the term.
[edit] References
- ^ Raymond Goldie and Rob Maiman (1990) Pacific Rim 90 Congress of the Australasian Institute of Mining and Metallurgy
