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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…

The figures behind the figures

Latest trade figures from China for the month of April have worsened markets’ sentiment. Growth in exports was “only” 8.5% versus a year ago, significantly lower than in March when the growth rate was an extraordinary 14.8%. Imports, which are seen as an indicator of domestic economic activity, even…

So that hydrogen does not become detonating gas

Since the last edition a tremendous lot has happened in the world. Not only did the dreadful war continue in the Ukraine but then also the Californian Silicon Valley Bank (SVB) caused great commotion. Numerous customers had withdrawn their money, almost driving the financial institution to bankruptcy had…

The gloss is tarnished

Nickel prices on the London Metal Exchange (LME) are showing little own momentum at present, just like the base metals copper and aluminium. Prices are in a phase of correction. The entire world is looking to the central banks to estimate how high the key interest rates could indeed rise in order to fight inflation. While it had still been hoped at the start of the year that…

The Sky is the Limit

It can happen quite often that important future-orientated topics are diluted in public and political discussions. Climate change, electric mobility, the pandemic, migration and much more could be taken here as examples. This could be due to the complexity which unfortunately lies behind many questions, but it can also be an…

Is Opium in the game?

After the unfortunately negative iconic events on the London Metal Exchange (LME) in March 2022, it has since become very quiet, too quiet in the opinion of quite a few observers and market participants. Whilst steps were taken ad hoc already in March, for example the introduction of a maximum daily range and the suspension of trade during the early morning trade in Asia, as well as internal and external investigations being initiated…