Of particular interest this week:
Oil – no agreement to reduce output.
Singapore – shipping growth belies view of slowing economies.
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.
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.