MetalMiner is pleased to welcome Spend Matters Editor Jason Busch. We’re excited this week to welcome BravoSolution as a Bronze sponsor of Commodity EDGE. Lisa and I have worked with some of the BravoSolution team members going back over a decade and are thrilled they’ll be working with us to pull off a sourcing and [...]
by Stuart Burns on February 6, 2012
Style: Market Analysis
Category: Commodities, Global Trade, Non-ferrous Metals
Keywords: China, Commodities, EU, Gold, metals, Silver, Steel, Zinc
A report in the FT notes the Chinese manufacturing sector has made a surprisingly strong start to the year, as the purchasing managers index (PMI), an important gauge of factory growth, rose to 50.5 in January from 50.3 a month earlier. The result helped underpin recent strength in metals prices, Standard Bank wrote in a [...]
Source: The Financial Times. Click on the image above to watch the video on the FT page. We recently had the most pleasant (yet soporific) experience watching a detailed rundown on the Baltic Dry Index. James Mackintosh, investment editor for the Financial Times — home of awesome Technicolor ties and bad haircuts, apparently — employs [...]
If you haven’t yet had a chance to peruse the Featured Speakers list for MetalMiner and Spend Matters’ upcoming event, you should take this Friday morning (or afternoon, or evening, depending on your time zone) to do so. We just added a few key speakers this week, all of whom have extensive experience in commodities. [...]
Media reports suggests that India has agreed to pay the price of crude oil it imports from Iran in gold, which makes it the first country to drop the US dollar for purchasing the Iranian oil. Citing an Israeli intelligence website, The Times of India has reported that India is opting for gold to repay [...]
Have you ever felt bad about that fixed-price metals contract you placed, only to find a month later the price had dropped? Or had trouble explaining to the VP of purchasing why you didn’t place a resting order last month when this month the metals price jumped 10 percent? Don’t worry, predicting metals prices is [...]
Source: NY Times As an update to our previous post about the WTO ruling on China’s export restrictions, we thought we’d point to a follow-up from Reuters on the ruling’s implications for rare earth metal quotas. In short, there’s a loophole. Reuters notes that “Monday’s ruling left open a loophole for export quotas if they [...]
