Of particular interest this week:
There are some small items that are like the loom of light on the horizon, pointing to potential upturns.
Copper:: Concentrate TCs. Better for miners.
Nickel: Indonesian NPI smelters struggle.
Iron Ore: Coal: Chinese steel mills selling ore stocks.
Oil: Saudi has a plan. Expect low prices for longer
China: Output from Industry
Copper Concentrate TCRC’s reduced, price in backwardation, … a glimmer of light.
Nickel Indonesian NPI smelters struggling at current Ni prices. Is there a pickup in 2016?
Zinc & Lead CZL raising capital for work in Mexico. MCT upgrading Admiral Bay deposit.
Tin Sn market growth forecast at 2% p.a.
Aluminium European antidumping activities may be misplaced.
Gold Media focus on USD gold price misses the benefits in other currencies.
Platinum & Palladium Zimbabwe urged to reduce royalties on Pt.
Oil Saudi has a new plan. We may see oil prices low for longer.
Coal SSCC benchmark set for Mar16 Qtr. SMR awards mining contract at Isaac Plains.
Iron Ore Chinese steel mills selling iron ore stocks, banks have tightened credit.
Shipping Capesize and Panamax rates reduced.
Singapore: Shipping traffic.
China: output of Industry – iron ore down & steel sluggish. Base metals up. Vehicles up.
USA: New house Starts, Industrial Production, Capacity Utilisation.