Copper Indonesian Govt met with Major Cu miners to resolve export ban issues.
Nickel Supply of nickel laterite ores outside Indonesia is not enough to directly replace Indonesian product.
Zinc & Lead Markets now looking toward mine closures, looking for new expansions.
Tin China’s refined tin imports fell, as did imports of tin concentrate.
Aluminium Bauxite prices up to ~USD 60/t, on concerns of impact of Indonesian ban on exports of unprocessed ores.
Gold Prices up on short covering. LME Silver settlement process to be revised.
Platinum & Palladium A tentative resolution to strike has been agreed. .
Oil Prices up on attacks into Iraq by militant insurgents. .
Coal Offers for July monthly HCC contracts made to SAIL, and potentially lead Sept Qtr indications.
Iron Ore China’s crude steel output is at record levels.
Shipping Cape rates lifted during the week. .
OECD Composite Leading Indicators: improvements ahead for – USA, South Korea, China, India & South Africa. Of these the indicators for India are the clearest, while the rest are quite tentative. Potentially there may not be much real improvement in growth in most of these countries till 2015, according to the CLI.
Port of Singapore: seaborne traffic – growth continues for containers and bulk carriers albeit at slower rates than in prior months.
Germany – Industrial production, Durable Goods, Orders to Industry.