Of particular interest this week:
Gold Thailand is now a high political risk country.
Copper: price responding to manufacturing data improvements.
Nickel: many moving parts at present in supply / demand.
Oil: It is a significant agreement. Now watch for OPEC members’ compliance, … and USA rig counts.
Copper Positive manufacturing data from USA, Europe & China.
Nickel Crunch time for Philippine exports of Ni-laterite ore to China.
Zinc & Lead Glencore’s potential production increase is steadying the Zn market.
Tin Chinese Sn imports up. Indonesia to increase output in 2017 on higher prices.
Aluminium Alcoa seeking govt aid to continue Portland operations after major power cut two weeks ago.
Gold Kingsgate Consolidated now permitted to operate, a reversal of Thai government position.
Platinum & Palladium Fall in Pt prices may be driving lower producer output.
Oil OPEC and Non-OPEC agreement to reduce output. Now watch for compliance.
Coal Coking coal contract negotiations under way for Mar17Qtr. A wide spread.
Iron Ore Vale awarded go-ahead for S11D.
Shipping Cape and Panamax rates firmer.
Baker Hughes Worldwide rig count – US rig numbers lift on oil price (ahead of OPEC agreement).