Of particular interest this week:
Mineral Exploration Spending (Aust)
OECD Composite Leading Indicators
China – Industrial Output
Copper Chile’s Cu output expected to increase. Though there are risks of delays.
Nickel Avebury Ni mine in Tas may re-open.
Zinc & Lead Closures are being subject to delays and other extensions, but will ultimately close.
Tin Inventories declining, but outlook is for slower growth.
Aluminium Prices approaching global average cash costs.
Gold Greek payment(s) due.
Platinum & Palladium Pt nano-particles and graphene layers to make new auto catalysts.
Oil Saudi signals preparedness to increase production to record levels.
Coal Sept Qtr contract discussions talking indicative prices. Japanese increasing spot thermal trades.
Iron Ore Prices are not matching bearish forecasts.
Shipping Panamax rates improved, while Capesize declined this week.
Australia – Mineral Exploration Expenditure – March Qtr – petroleum holding but minerals down.
China – Industrial Production activity: – slowing growth in most areas at present.
OECD – Composite Leading Indicators – mostly suggesting slower growth.