Of particular interest this week:

OECD CLI’s – upturns ahead for selected countries.

World Steel – production in world-excl China!

Nickel – China importing less laterite, and exporting more refined nickel.

Copper – China’s end use demand to pick up.

Tin – Indonesia’s attempts to control pricing is not working.

Zinc – China is a significant supplier.  Can its output be made more efficient, and temper the looming deficit?


Copper  – Slight improvement in Chinese end-use demand.

Nickel  – China importing less Ni laterite in September, exporting more refined nickel.

Zinc & Lead – China’s domestic Zn output could be made more efficient, tempering the looming deficit.

Tin  – Myanmar emerging as a new frontier supplier in tin.

Aluminium  – China’s house prices down for the fifth month.

Gold  – TRY completes mineral agreement with Govt of Guyana.

Platinum & Palladium  – Potential for new mine disruption with tension between NUM & Northam.    .

Oil  – Kurdish oil on the open seas.

Coal – Speculation on Aust-China FTA helped trade activity in thermal coal and supported thermal price.

Iron Ore – Iron ore price edged downward after a slow positive trend.

Shipping – Cape and panamax rates jumped on increased iron ore shipments.


World Steel production – Sept.- production in the world-ex-China is growing faster than China

OECD Composite Leading Indicators – upturns ahead for China, India, USA, Brazil, & Indonesia.