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commodity market

Will China relax its Zero Covid strategy after the October party congress? What does it mean for metal demand?

  Many regard the October Party Congress as critical meeting of the CCP where will we see the new politburo unveiled. Most importantly is the appointment of Xi Ji Ping for his 3rd term as party general secretary. But the big question people are asking is will China announce a relaxation of its Zero Covid

Will China relax its Zero Covid strategy after the October party congress? What does it mean for metal demand? Read More »

Will the LME ban the delivery of Russian metal to the exchange?

Last week the LME launched a 3 week discussion process on the possibility of banning Russian metal from the exchange. It could be implemented as early as November. Some say “too little too late”. Others argue that since these metals are not sanctioned, the LME should continue to allow delivery. Of course many consumers and

Will the LME ban the delivery of Russian metal to the exchange? Read More »

Iron Ore – China creates a new national champion to counter the big miners.

The establishment of China Mineral Resources Group is no small event and could have a major influence on how iron ore contracts are negotiated in the near future.   What’s in store for Iron Ore pricing? Anyone with some history in the metals business will know that for a long time Iron Ore prices were

Iron Ore – China creates a new national champion to counter the big miners. Read More »