Of particular interest this week:

Oil – Saudi’s strategy appears to be working.

Coal – Some Australians declare force majeure

SUMMARY

Copper  Copper prices may be supported by Chilean drought.

Nickel  Nickel participants in New Caledonia.  All with processing plants.

Zinc & Lead  Aurelia Metals (AMI) extends high grade Zn-Au-Pb-Ag mineralisation at Hera.

Tin  Indonesian tin producers announced curbs on sales, designed to boost prices.

Aluminium  Risks of shipping bauxite with too high moisture.

Gold  Gold testing a floor price?

Platinum & Palladium  Zimbabwe’s high political risk for Pt producers.

Oil  Saudis’ strategy appears to be having the intended effect.

Coal  Some Australian producers declare force majeure.  AUD/t prices are increasing, for thermal and met coal.

Iron Ore  Chinese factory sector reports record activity, but the iron ore price fell.

Shipping  Chinese New Year – it was a slow week for shippers.

General

China – Freight Transport – a slight increase in December data.

USA – Durable Goods, Vehicles, Electronics & Computers.