Of particular interest this week:
OECD CLI: broadly improvement ahead, mostly in Asia.
Oil: Do not hold your breath (for sustained improved oil prices).
Zinc: Looking tough for Chinese smelters
Copper Chile’s Cu concentrate production fell in November.
Nickel Increasing Ni demand from alloy makers, and Ni supply is also (still) uncertain.
Zinc & Lead China’s Zn smelters in for a tough time in 2017. CDC to tighten Pb thresholds in children.
Tin Entrepreneurs in Indonesia seeking clarity on the ban on ore exports from12 Jan 2017.
Aluminium Large Al stockpile may be a Chinese billionaire’s retirement fund.
Gold USA Fed foreshadows up to 3x rate increases during 2017.
Platinum & Palladium Zimplats refurbishing its base metal refinery (in Zimbabwe).
Oil The OPEC agreement has short term success with price increases. Do not hold your breath.
Coal HCC spot prices slipping. No current compelling shortfall relative to demand. Thermal mkt volatile.
Iron Ore CISA is optimistic about steel demand prices and profits.
Shipping no data this week … must be holidays.
OECD Composite Leading Indicators (CLI). Broadly improvement ahead.