20201231 End of Year data
Comments of particular interest are noted with ‘*’.
- 2020 end-of-year data and graphs.
- Comparison of a range of important FX trends of countries related to Australian resources trade.
- Pinchpoint graphs continue to highlight tightness in markets for Cu & Ni in particular.
Copper Covid lockdown driven fear of food shortages driving copper prices.
*Cobalt COB tracking for production (pilot) in Mar21Qtr.
*Nickel Chinese interests in Ni projects to influence Ni pricing / demand.
Zinc & Lead Global Zn mine production to recover in coming years. (NCZ) *Pb: REE comments
Tin AfriTin’s Uis project at full production.
Aluminium China’s Al imports are strong. European demand recovery also seen.
Gold Au price’s strongest annual gain in a decade.
*Platinum & Palladium Car sales outlooks in China and Asia-Pacific are looking up.
*Oil OPEC+ to meet Monday to determine production levels for February.
Coal Thin trading and reporting during the Christmas / New Year period.
Iron Ore China to open new iron ore mines and drive mergers & acquisitions.
Shipping Freight demand and rates up.
Gold price in other producers’ currencies: more stable trends than expressed in USD.
Foreign Exchange Rate trends: Review FX trends.