Of particular interest this week:
Zinc: RVR intercepts at Thalanga.
NIckel: Indonesian decisions adding to uncertainty.
Coal LVPCI settlements, thermal coal negotiations and seaborne snapshot.
SUMMARY
Copper Copper at a two week low. be wary of nonsense analysis.
Nickel Indonesia finalising revisions to regulations to allow exports of processed metal concentrates.
Zinc & Lead RVR reports good drilling intercepts at its Thalanga projects.
Tin ITRI says Myanmar’s production may have peaked.
Aluminium Growth forecast for aluminium consumption in India.
Gold Not a good week for gold. Diverse opinions on outlook.
Platinum & Palladium Current wage negotiations not as ‘hostile’ as three years ago.
Oil Prices up on expectations, but the conclusion has yet to be delivered (30 Nov).
Coal LVPCI prices settled, ahead of HCC still pending for Dec16Qtr.
Iron Ore Australian government forecasts of sub-USD 50/t in 2017. Pt Hedland shipments up again.
Shipping Cape rates down, Panamax rates up.
General
Thermal coal price negotiations and seaborne market snapshot.
Baker Hughes – World and North American rig counts.
Pt Hedland iron ore shipments.