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Oryx Commodity News

April April – it does what it wants

The copper price on the London Metal Exchange (LME) moves in spheres which have not been seen in almost a decade. The aluminium future is also on a high level. The increasing recovery in the global economy during the continuing pandemic will certainly play a role, but the speculative interest…

Window open for a deep breath

It is forgivable to have felt quite uneasy in the last few days, weeks and months if news reports have been followed. There have only been conflicts, problems and challenges everywhere, to an extent never felt before. And on…

Sayin’ It And Doin’ It Are Two Different Things

Research by the major French bank BNP Paribas expects the global economy to be resilient in the fourth quarter of 2025 despite increased political and geopolitical instabilities. The present weak phase is seen as temporary and not an ongoing trend. This basically very good and optimistic statement cannot, however…

(Not) learning from mistakes

The real economic markets are (still) in a waiting position as long as there is not any clarity in the USA trading policy and the future of global economies. There is a certain reassurance in the question of tariffs due to diverse bilateral agreements, or perhaps expressed better as “deals”, between…

“The kid gloves are off, the boxing gloves are on”

There is still a tough struggle between the USA and the other states over the general tariffs imposed by the USA on imported goods. It is about finding the tariff rate which would be acceptable for the other countries but at the same time…

There is no applause

The physical nickel market continues to be well supplied. However, prices, including for nickel pig iron (NPI) from Indonesia, are at such a low level that both traditional manufacturers and producers of NPI are finding it difficult to make money (see also below). Therefore, nickel companies are thinking about how…

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