Of particular note this week:
Copper: solid outlook
Tin: A potential solution for grid-scale storage of power
Palladium: a dilemma in outlook.
Coal & Iron Ore: Chinese demand more than expected, particularly leading up to Winter restrictions.
Copper Chile expects a moderate increase to price through 2017. Supply-led deficit ahead.
Nickel Ongoing curb pf China’s Ni production, and stronger imports across the board, expected to support Ni prices.
Zinc & Lead Zn-NCZ and MCT projects. Pb- low spot TCs, & China’s demand expanding.
Tin Ceramic pump to handle very high temperatures, may be a solution for grid energy storage.
Aluminium Significant Al smelter capacity closures for the four month winter restriction period.
Gold Indian smugglers. Gold prices responded to US Fed & geopolitical risk.
Platinum & Palladium A potential dilemma for palladium.
Oil Strong Chinese demand, plus geopolitical risk(s), lift prices.
Coal Thermal Sept year settlement. Coking demand resumed post Golden Week.
Iron Ore China’s September imports to a September record high.
Shipping Freight rates recovered after Golden Week.
General Japan-LNG Prices – increasing with oil prices.
Pinch-Point graphs Cu, Zn, Ni updates – incrementally tighter.
Germany – Industrial Production, Durable Goods, Construction Spending – solid growth.
Japan – Industrial Production – solid growth as Japan’s customer-economies also recover.