Of particular interest this week:

Oil – no agreement to reduce output.

Singapore – shipping growth belies view of slowing economies.

SUMMARY

Copper  New Car Sales in China increasing.

Nickel  QNI plant accident.  Madagascar levy on Ni exports.

Zinc & Lead   ZN TC/RCs reducing as market is tightening.  Pb market in surplus.

Tin  Tin – market appears tight.

Aluminium  Bell Bay to reduce power consumption.

Gold  Recent demand growth – central banks.

Platinum & Palladium  Sibanye Gold bid for Aquarius Platinum.

Oil  Saudi not prepared to cut production.

Coal  Oversupply of HCC to continue through 2016.  Anglo to divest coal and

Iron Ore  China – record iron ore imports.  Brazil – testing gear at its largest new mine.

Shipping  Avg scrappage age has fallen across all segments.

General

Singapore – shipping growth continues.

USA – Housing Starts, Industrial Production, Capacity Utilisation.

Japan – Orders to Machinery (segments).

Germany – Industrial Production,  Orders to Durable Goods, Construction Spending.