Of particular note this week:
OPEC and others, agree to extend output cuts.
USA TWI – investment lore not well supported.
Zinc – concentrate markets tightening.
Copper – outlook is for increased demand.
Copper ICA forecasts a need for an additional 4 Mtpa of Cu by 2030.
Nickel Ni market is in slight surplus for March.
Zinc & Lead China is expected to increase imports of Zn metal as concentrate markets are tightening.
Tin Why is tin price apparently not responding to low stockpiles and low supply?
Aluminium China plans to cut production, of Al metal, in key producing provinces.
Gold WGC working with Indian govt to create an Indian physical spot gold market.
Platinum & Palladium Surpluses in Pt forecast to grow in 2017.
Oil OPEC agrees to extend cuts for 18 mo.
Coal HCC prices forecast to bottom ca USD 140-150/t fob.
Iron Ore Price rebound reliant on a stable Chinese steel market.
USA TWI – investment lore is not well served by the data.