As a follow-up to a previous post, let’s take a look at the year lead has had. One may have expected demand disruption in China, the world’s largest lead market, to have hit prices badly this year, but as this graph from the LME shows, prices have pretty much followed the base metals trend of [...]
In the wake of LME Week, with copper dominating the headlines, the news from the world of lead is that although the market will still be in oversupply, some firms are counting on new applications to help buoy demand, and hence the lead price. In this graph from the International Lead and Zinc Study Group [...]
There was a time (and I can remember it) when the streets of Shanghai at rush hour were a manic surge of bicycles either waiting at lights or streaming across junctions. Those have now gone, to be replaced by the roar of autos and the hum of electric bikes. Currently there are approximately 140 million [...]
LME metal prices have not fallen across the board in recent days, and while relative minor dollar strength has played its part, a much bigger factor is fear of slowing metals demand, both in China and from stuttering US and European markets a general risk of attitude from speculators is the order of the day. [...]
by Stuart Burns on April 13, 2011
Style: Market Analysis
Category: Commodities, Non-ferrous Metals
Keywords: Aluminum, Copper, Gold, Japan, Lead, Non-ferrous Metals, Oil, Platinum, Tin, Zinc
Following our two-part article on the price of oil and the consequences for global growth posted April 12, it was interesting to see a Reuters article that reported Goldman Sachs’ recommendation to clients to exit oil positions. Specifically, Goldman Sachs warned clients on Monday to lock-in trading profits before oil and other markets reverse, with [...]
Source: BBC, courtesy of David Elkington, a British scholar of ancient religious archaeology who is trying to get the relics safely into a Jordanian museum How do we know a recent discovery in Jordan of ancient, perhaps early-Christian relics is a big deal? It already has its own Wikipedia page. First reported by Robert Pigott [...]
If you’ve been living in any English-speaking nation (and not in a cave) for the past few weeks, you know that civilian possession of firearms, and especially semiautomatic handguns, has resurfaced as a white hot topic since Jared Lee Loughner shot Rep. Gabrielle Giffords of Arizona and many others in a Tucson supermarket in early [...]
Lead’s fortunes rest almost solely on the state of the global auto markets. Whether used in replacement batteries for existing cars and e-bikes, incorporated into new bikes, or car and truck production, lead’s consumption is driven predominantly by the transport sector. Reuters estimates the US auto market will likely recover further to around 13 million [...]
