Of particular interest this week:

Singapore shipping – implications for developed economies.

Nickel – Indonesia to relax export regulations (with conditions and limits).  Political risk remains high.

Oil:   waiting for proof of compliance.

 SUMMARY  

Copper   Cu concentrate TC/RC’s increased.  Though watch for potential supply disruptions.

Nickel  Indonesian ban on ore exports lifted (with limits and conditions).  Political risk is still high. 

Zinc & Lead  VRX reports good Zn-Cu drill results, extending Salt Ck deposit down plunge.

Tin  PT Timah boosting marine mining fleet.  Indonesia restructuring holding of state owned miners.

Aluminium  USA (Obama) complaint to the WTO regarding China. 

Gold  Six major trends in the global economy that will support gold demand.  

Platinum & Palladium  Implats to sell its Cr business to focus on core (Pt-Pd). 

Oil  Traders await proof that OPEC and other producers are following through. 

Coal  Met coal loading resumes from Nth Qld.  Newcastle shipments in post New Year lull.   

Iron Ore  China to accelerate elimination of excess steel capacity.  

Shipping  Cape rates down.  Panamax rates stable

General 

Port of Singapore Shipping:  Container traffic recovery hints at developed economies’ recoveries.