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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…

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…

Greetings from Emperor Nero

The 3 months nickel future price on the London Metal Exchange (LME) has recovered again, almost as quickly as it sharply fell to below USD 13,900.00/mt at the beginning of April. Almost all markets worldwide, as a consequence of the trade war escalating between…

“Unreasonableness is not a privilege of populists”

Writing about the current tariff dispute between the USA and the rest of the world in a monthly publication like this is a futile undertaking. Events are coming thick and fast – partly due to the erratic and disruptive nature of the…

“AI-language” tells the truth

China has not been out of a crisis for quite a while, but there are increasing signs that things are improving in the country. And not only according to the saying, what goes down, must come up. Market observers, such as Shanghai Metals Market, expect a…

Blessed by AI and anointed by Vaseline

Donald Trump has taken office. And, as expected, it is about being “quicker to work” than in his first term of office. In the meantime, the newly re-elected President has a network of experts and also the experience how political processes work. Although the election campaign is now over, it feels as if…

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