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Pinch point (economics)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. BackgroundWhen 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][2] 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.[1] In 2000 Raymond Goldie trademarked the term.[citation needed] See alsoReferences
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