Of particular interest this week:
The whole resources market is becoming more lively, and of interest this week.
Try Cu, Ni, Pb, Al, Au, Oil, coal and iron ore.
Plus the US PMI is rather strong now too!
Copper About 15% of annual copper production will be subject to wage negotiations in 2017.
Nickel A policy direction of banning ore exports will not by itself create a domestic processing industry.
Zinc & Lead Attila Resources to take over the Century mine. ‘Stop-Start’ car batteries
Tin MLX contemplating tailings retreatment.
Aluminium 30x northern Chinese cities to cut Al capacity by 30%.
Gold Federal Reserve indicate rate hikes. But pay attention to correlations.
Platinum & Palladium Zimbabwe pushing plans for smelters.
Oil Russian output has not changed for February, a sign of weak compliance.
Coal Met and thermal coal trade is brisk. African demand to grow.
Iron Ore China’s crude steel demand forecast to be stable in 2017.
Shipping Start of agricultural shipping season (Panamax).
USA – Purchasing Managers’ Index – strong outlook.