Of particular interest this week:

Oil & Gas:  short-sighted Australian state government bans likely to drive domestic gas shortfalls.

Gold:  price likely to increase on Fed decision either way.  

Coal   HCC DecQtr negotiations tighten.  

Australian Mineral Exploration Spending – forecast to improve, now with money to spend. 

SUMMARY

Copper  Strike at Los Bronces has ended with worker agreement.  Peru’s goals for Cu output. 

Nickel  Nickel market waiting upon outcomes of Philippine government mining audits.  

Zinc & Lead  Global Zn market is in deficit for 2016 to date.  Chinese refined imports up strongly.

Tin  Myanmar’s Wa region supplying tin to China.   Wa region largely unexplored for Sn et al. 

Aluminium  Rusal expects aluminium prices to stablise in 2017. 

Gold  Prices in a quandary about the forthcoming Fed rate rise.  May see a price increase in either case. 

Platinum & Palladium  Amplats closing a Pt smelter for repairs. 

Oil & Gas  Australia gas market’s forecast shortages will likely be due to state government bans. 

Coal  HCC negotiations narrowing the bid-ask.   

Iron Ore  BHP maintains view that China’s steel demand has not peaked.  Demand to be more shared about within China’s economy than previously.

Shipping  Strong demand for iron ore increased demand for cape-size vessels.  

General  Port of Singapore – shipping traffic shows stronger demand for containerised freight.

OECD Composite Leading Indicators –  Good growth outlook for Asian region, less for USA & Euro.