Palisade Research August 16, 2017 Category: Research In the last couple of years, we have seen the majority of commodities bottom out, finally seeing some signs of life. The majority of the rebounds occurred from late-2015 to early 2016. Molybdenum led the pack after its mini-resurgence and subsequent fall, while nickel experienced the same path, bottoming out several months later. ...Read More
Palisade Research August 16, 2017 Category: Research In the last couple of years, we have seen the majority of commodities bottom out, finally seeing some signs of life. The majority of the rebounds occurred from late-2015 to early 2016. Molybdenum led the pack after its mini-resurgence and subsequent fall, while nickel experienced the same path, bottoming out several months later. ...Read More
After the sharper than expected drops through April, finished steel have begun to revive and again it is developments in China which are driving the change, most notably in flat-rolled products. Deducting for local sales taxes, prices of hot-rolled coil (HRC) across the three Chinese markets MB covers have revived by close to $30/tonne over the past month to an average just under $400/t. Real-time...Read More
Bullishness in the iron ore prices seen during the start of the year has been replaced with greater volatility as supply outpaces demand. Chinese state-directed infrastructure spending and a strong construction market effectively drove bullish sentiment in the first quarter of 2017, fuelling steel production and iron ore consumption. However, with the steel run rates slowing down as the China Iron...Read More
After the sharper than expected drops through April, finished steel have begun to revive and again it is developments in China which are driving the change, most notably in flat-rolled products. Deducting for local sales taxes, prices of hot-rolled coil (HRC) across the three Chinese markets MB covers have revived by close to $30/tonne over the past month to an average just under $400/t. Real-time...Read More
Bullishness in the iron ore prices seen during the start of the year has been replaced with greater volatility as supply outpaces demand. Chinese state-directed infrastructure spending and a strong construction market effectively drove bullish sentiment in the first quarter of 2017, fuelling steel production and iron ore consumption. However, with the steel run rates slowing down as the China Iron...Read More
Bullishness in the iron ore prices seen during the start of the year has been replaced with greater volatility as supply outpaces demand. Chinese state-directed infrastructure spending and a strong construction market effectively drove bullish sentiment in the first quarter of 2017, fuelling steel production and iron ore consumption. However, with the steel run rates slowing down as the China Iron...Read More
Bullishness in the iron ore prices seen during the start of the year has been replaced with greater volatility as supply outpaces demand. Chinese state-directed infrastructure spending and a strong construction market effectively drove bullish sentiment in the first quarter of 2017, fuelling steel production and iron ore consumption. However, with the steel run rates slowing down as the China Iron...Read More
Bullishness in the iron ore prices seen during the start of the year has been replaced with greater volatility as supply outpaces demand. Chinese state-directed infrastructure spending and a strong construction market effectively drove bullish sentiment in the first quarter of 2017, fuelling steel production and iron ore consumption. However, with the steel run rates slowing down as the China Iron...Read More
Bullishness in the iron ore prices seen during the start of the year has been replaced with greater volatility as supply outpaces demand. Chinese state-directed infrastructure spending and a strong construction market effectively drove bullish sentiment in the first quarter of 2017, fuelling steel production and iron ore consumption. However, with the steel run rates slowing down as the China Iron...Read More
Bullishness in the iron ore prices seen during the start of the year has been replaced with greater volatility as supply outpaces demand. Chinese state-directed infrastructure spending and a strong construction market effectively drove bullish sentiment in the first quarter of 2017, fuelling steel production and iron ore consumption. However, with the steel run rates slowing down as the China Iron...Read More
Bullishness in the iron ore prices seen during the start of the year has been replaced with greater volatility as supply outpaces demand. Chinese state-directed infrastructure spending and a strong construction market effectively drove bullish sentiment in the first quarter of 2017, fuelling steel production and iron ore consumption. However, with the steel run rates slowing down as the China Iron...Read More
Bullishness in the iron ore prices seen during the start of the year has been replaced with greater volatility as supply outpaces demand. Chinese state-directed infrastructure spending and a strong construction market effectively drove bullish sentiment in the first quarter of 2017, fuelling steel production and iron ore consumption. However, with the steel run rates slowing down as the China Iron...Read More
Bullishness in the iron ore prices seen during the start of the year has been replaced with greater volatility as supply outpaces demand. Chinese state-directed infrastructure spending and a strong construction market effectively drove bullish sentiment in the first quarter of 2017, fuelling steel production and iron ore consumption. However, with the steel run rates slowing down as the China Iron...Read More
Bullishness in the iron ore prices seen during the start of the year has been replaced with greater volatility as supply outpaces demand. Chinese state-directed infrastructure spending and a strong construction market effectively drove bullish sentiment in the first quarter of 2017, fuelling steel production and iron ore consumption. However, with the steel run rates slowing down as the China Iron...Read More
Palisade Research May 1, 2017 Category: Research Before scrolling down, take a guess at the three best and worst performing commodities of 2016 and 2017!Ok now go... 2016 was a good year for commodities. The Bloomberg Commodity Index, which is a diversified benchmark for commodity investments, gained 10%. Uranium ended the year down 41%! The nuclear sector spent much of 2016 continuing its...Read More
Palisade Research May 1, 2017 Category: Research Before scrolling down, take a guess at the three best and worst performing commodities of 2016 and 2017!Ok now go... 2016 was a good year for commodities. The Bloomberg Commodity Index, which is a diversified benchmark for commodity investments, gained 10%. Uranium ended the year down 41%! The nuclear sector spent much of 2016 continuing its...Read More
Palisade Research May 1, 2017 Category: Research Before scrolling down, take a guess at the three best and worst performing commodities of 2016 and 2017!Ok now go... 2016 was a good year for commodities. The Bloomberg Commodity Index, which is a diversified benchmark for commodity investments, gained 10%. Uranium ended the year down 41%! The nuclear sector spent much of 2016 continuing its...Read More
Palisade Research May 1, 2017 Category: Research Before scrolling down, take a guess at the three best and worst performing commodities of 2016 and 2017!Ok now go... 2016 was a good year for commodities. The Bloomberg Commodity Index, which is a diversified benchmark for commodity investments, gained 10%. Uranium ended the year down 41%! The nuclear sector spent much of 2016 continuing its...Read More
The sharp downturn in seaborne coking coal prices has continued during the past month.Australian export prices have retreated by a further 15% (or roughly $25/tonne at the time of writing in late February), to under $155/tonne FOB. This is $130/tonne below the first quarter contract prices settled between Glencore and NSSMC in mid-December, when spot prices were closer to $300/tonne FOB. Based on...Read More