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 [...]
by Taras Berezowsky on February 1, 2012
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Category: Commodities, Ferrous Metals, Global Trade, Minor Metals
Keywords: China, Commodities, exports, Nucor, Rare Earth Metals, Steel, US manufacturing, WTO
We all know a thing or two about news that’s not really news (or, to put it more accurately, news that’s overblown) — and this phenomenon seems to happen in the realm of rare earth metals more than anywhere else. Reporting on rare earth metals is such a hot commodity in and of itself that [...]
A lot of headlines are underscoring the strong year-to-date performance of precious metals. Gold is set to have the best January since 2008, while silver is poised for a record January compared to the last thirty years. Even platinum and palladium are up 15.8 percent and 5.7 percent year to date, respectively. Yet in large [...]
