Of particular interest this week:
Marine shipping traffic – ships by type and location – maps. In the current world of increased geopolitical risk, this is worth reviewing!
Copper – Chile’s outlook, incl more disruption looming.
Gold – geopolitical risk comments. There has historically been a lot of posturing on cue. Will this time be different?
Coal – map of north Qld ports and disruptions.
Copper Cochilo increased its Cu price forecast for this year and next. More disruptions looming.
Nickel Subdued but outlook for improved demand for stainless steel from China and emerging economies.
Zinc & Lead Ironbark (IBG) progressing Citronen Zn. Pb has a small deficit ahead.
Tin Some discussion – conflict minerals. Wider than Africa.
Aluminium Tomago smelter seeking changes in federal policy.
Gold Geopolitical risks: Mid-East, and Korean Peninsula.
Platinum & Palladium Anil Agarwai, Indian billionaire, is now the second largest shareholder in Anglo American.
Oil The oil market is tipping slowly from glut to equilibrium.
Coal North Qld ports recovering (see map). JPU thermal negotiations have strung out / deadlocked.
Iron Ore Price outlook USD 60-65/t cfr, according to miners.
Shipping Asian markets eased despite pirate activity. Great cooperation between India and China on this.
Marine Shipping Traffic – maps of shipping types and locations highlighting major shipping routes. Consider in terms of geopolitical risks.
Port of Singapore – shipping. Tankers & containers positive but bulks negative growth this month.