Wednesday, August 29, 2007

Global copper deficit widens in H1 2007

22.8.07
The global copper deficit widened in the first half of this year, largely on strong Chinese demand and in spite of higher production, said the World Bureau of Metals Statisticshttp://www.forbes.com/markets/feeds/afx/2007/08/22/afx4043454.html

BHP Billiton sales to India outpacing gains in China

BHP Billiton, the world's biggest mining company, says that growth in sales to India is outpacing gains in China as the southern Asian nation requires more coal and nickel to meet rising demandhttp://www.iht.com/articles/2007/08/26/business/sxbhp.php

Do freight rates tell the true story?

26.8.07
"Twice already this year it has proved a reliable indicator of fundamental trends for commodities when markets wobbled," it says. "Once the dust settles, the likelihood is for some very strong rebounds in commodity prices."http://www.telegraph.co.uk/money/main.jhtml?xml=/money/2007/08/25/ccfreight125.xml