Of particular interest this week:
Zambian political risk – also see the Tin section … for more on political risk assessments
Singapore shipping traffic.
SUMMARY
Copper Political risk of Zambian tax and backflip does not phase miners unduly.
Nickel Short term outlook for stainless steel appears mixed.
Zinc & Lead Views of 2016 for Zn look stronger according to analysts. Lead is in surplus.
Tin Zambian tax proposal and backflip.
Aluminium Rusal forecasts stronger Al prices by year end.
Gold Price hugging USD 1200/oz. US forecast to raise rates (slowly).
Platinum & Palladium Pt market in deficit.
Oil Saudi exports decrease and imports.
Coal HCC settled for Sept Qtr.
Iron Ore Aust.-Sino FTA may assist trade. Chinese port ore stocks decreasing. Appetite for steel reducing.
Shipping Bulk rates firmed due to iron ore and grains.
General
Port of Singapore Shipping data: a glimmer of growth … the loom of the light in bulks?
USA Housing Starts
- Industrial Production
Japan Electricity Demand – shrinking a little.