*Copper  BHP reduced Cu production outlook, due to issues at Olympic Dam and Spence.

Cobalt  ARV’s Castle Cove project is returning good Co & Cu grades.

Nickel  BHP’s nickel smelter fire not considered likely to impact 2018 target production.

Zinc & Lead  Several competing supply factors.

Tin  Indonesian ICDX exchange oversight is limiting some tin trading.

Aluminium  China’s aluminium production rate increased contrary to reported reduction per month.

Gold  Price up fractionally.  Analysts & traders looking for price increases.

Platinum & Palladium  Swiss imports of Pt surged in September.

*Oil  Iran practising oil exports under cover.

Coal  BHPs’ met coal guidance for 2018 reduced, 2019 unchanged.

Iron Ore  China’s winter restrictions a little muted but still with, some uncertainty, to be decided by local govt.

Shipping  Panamax rates flat, Cape rates up.


*Port of Singapore shipping:  improved Containers & Bulks.

*USA – New Housing Starts:  growth remains positive and moderate.

*USA – Industrial Production & Capacity Utilisation:  strong growth.

*Japan – Orders to Machinery:  improving positive growth.