Base Metals forecasts, China’s demand; Weekly overview

U.S. GDP Statistics & Data By the official info which came out today, the U.S. economy grew faster than initially reported. Observing the period of the first three months of 2017, statistics data show that U.S. economy actually reached the levels among expected. It eased concerns about a potential slowdown in the U.S. trading & economic [...]

By | 2017-05-26T18:40:01+00:00 May 26th, 2017|International|0 Comments

China’s Crude Oil Imports (Current & Forecasts)

Top 5 things in Today's Market: Upward revision in U.S. growth expected, eyes on durable goods Pound under pressure on election jitters Oil recovers slightly after brutal OPEC induced sell off Japanese CPI increases for 4th straight month; China eyes yuan fixing Global stocks mixed ahead of U.S. holiday weekend For further info on these [...]

By | 2017-05-26T12:00:40+00:00 May 26th, 2017|Oil Market|0 Comments

April Copper imports in China: Fall of 41% due to tighter financial regulation

May 23rd; Main events in financial market: Sterling slips after deadly Manchester terror attack Global stocks mixed in cautions trade Oil price oscillates as OPEC meeting draws closer Euro zone business activity rises at fastest pace since 2011 Bitcoin keeps growing; tops $2,200 For further info on these subjects, visit:   The monthly analysis [...]

By | 2017-05-23T11:56:07+00:00 May 23rd, 2017|International|0 Comments

The deficit of zinc concentrate affecting China’s industry; it will increase refined zinc imports

Refined zinc imports Starting with this month, China has the plans to increase refined zinc imports. As vanishing global supplies have a big impact on the local zinc outputs; they aim to cover the deficit by boosting the refined zinc imports. Observing the China's refined zinc production, in April it came to the lowest levels [...]

By | 2017-05-19T16:38:49+00:00 May 19th, 2017|International|0 Comments

SHFE morning trade: Copper up due to Lower production in Chile

Main Economic Events Today: China Industrial Production y-o-y fell to actual 6.5%, while expected was 7.1% United Kingdom Prime Minister Theresa May Speaks This Week: Empire State, Philly Fed Manufacturing for May April China Industrial Production Euro Zone Q1 GDP - Revised Reading K. April CPI, Employment & Retail Sales Japan Preliminary First Quarter GDP [...]

By | 2017-05-15T07:20:01+00:00 May 15th, 2017|Financial, International|0 Comments

Oil prices VOLATILE; firstly UP on positive expectations, then falling DOWN after overnight gains

Top 5 things about Monday's Market: Macron cruises to victory in France Euro SLIPS as Macron relief rally loses steam Global stocks mixed; Europe trades lower after French election Oil gives up strong overnight gains China's april exports, imports rise less than expected   More info on these 5 from:   Prices; Monday Overnight [...]

By | 2017-05-08T10:58:57+00:00 May 8th, 2017|Financial, Governments, International, Oil Market|0 Comments

IRON ore in China: Imports ease in April amid gloomy glance

Reasons China's April iron ore down, due to vessel-tracking and port data suggesting a decline of several million tonnes from the near-record levels recorded in March. 83.27 million tonnes of the iron ore was dismissed at Chinese ports in April. Down 3.7 percent from March's 86.46 million. The vessel-tracking and port data often show numbers [...]

By | 2017-05-04T16:30:05+00:00 May 4th, 2017|Financial, Governments, International|0 Comments

Weaker Chinese data; U.S. aluminium sector asks Britain & EU to unite against China

U.S. Representatives Spokesman of the U.S. aluminum industry are speaking to EU counterparts. They have written to British Prime Minister Theresa May. Asking urgent action against "massive illegal subsidies" in China that bluster Western jobs. Trade lawyers and some governments accuse China of unfairly subsidizing major industries in breach of the rules of the World [...]

By | 2017-05-04T06:50:06+00:00 May 4th, 2017|Financial, Governments, International|0 Comments

SHFE morning report; weaker U.S. and Chinese data

Important Facts about Today's Market:   New Zealand Employment Change QoQ rose to actual 1.2% (forecast 0.8%) Germany Unemployment Change - 30K actual (forecast -10K) UK Construction Purchasing Managers Index (PMI) fell to actual 52.2(forecast 52.4) The US ADP Nonfarm Employment Change to actual 263K (forecast 187K) Also US ISM Non-Manufacturing PMI fell to 55.2 [...]

By | 2017-05-03T06:49:51+00:00 May 3rd, 2017|Financial, Governments, International|0 Comments

How North Korea gets its oil from China

CNPC   UN Security Council decides whether to tighten the sanctions screws on North Korea. The country's increasingly isolated government could lose a lifeline provided by state-owned China National Petroleum Corp (CNPC). For decades, the Chinese oil giant has sent small cargoes of jet fuel, diesel and gasoline from two large refineries in the northeastern [...]

By | 2017-04-30T11:01:07+00:00 April 30th, 2017|Financial, International, Oil Market|0 Comments