Copper  China’s central bank called for large lenders to give priority to first home buyers. 

Nickel  Nickel price down on chart-based selling. 

Zinc & Lead Trevali Mining evaluating Caribou Zn-Pb-Ag mine in the Bathurst region.

Tin  Malaysia Smelting Corp is departing from Indonesian operations.  

Aluminium  Chinese smelters not in immediate danger of running out of bauxite. 

Gold  Russia’s gold output increased in March Qtr due to increased underground mining. 

Platinum & Palladium  China accounts for 80% of global Pt jewellery demand. 

Oil  USA oil production at 28 year high.  

Coal  BHP positions bids for monthly HCC pricing ahead of Sept Qtr negotiations.    

Iron Ore Price below USD 110/t.  Deemed an unsustainable level.  Expected to improve in Dec HY.     . 

Shipping Asian dry-bulk markets under pressure this week.  


Australia:  Coal Exports;  China – Coal Imports;  Japan – Coal Imports.

China:  Industrial goods output continuing growth, though at rates slower than earlier years. 

USA: New Housing Starts – continuing recovery.  Industrial Production – steady (slow) growth.

Germany:  Industrial Production, Durable Goods Orders, Industry Orders.