Of particular interest this week:
Nickel: Philippines- a challenge to government.
Zinc : Glencore Is a key.
Copper Funds buy on China growth expectations. Freeport’s stoush with Indonesian Government.
Nickel Philippines – two mines to restart while under suspension. A challenge to Government.
Zinc & Lead Glencore plays a key role in Zn.
Tin Tin is a tight market. Mine-supply is limiting China’s imports.
Aluminium Novelis’ deal with NIO (Chinese) automaker. High tech information. What will Donald think? (does it matter?)
Gold Gold price movements in different currencies were mixed this week, reflecting a decline in the value of the USD.
Platinum & Palladium Zimbabwe has some issues with foreign exchange transactions.
Oil OPEC and crude oil are facing moments of truth.
Coal China phasing out coal and steel capacity (i.e. uncommercial and/or non-compliant environmentally).
Iron Ore Optimism in outlook for iron ore demand.
Shipping Iron ore and grains boost demand for shipping.
Port of Singapore – traffic: Bulk carriers and tankers strong. Containers weak.
China – Industrial and Energy Output: Jan-February data is distorted by Chinese New Year, but overall is positive.