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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…

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…

Casino Royal or Casino Metal?

The London Metal Exchange has always been known, if not to say, has been notorious for its volatility. Some even describe the LME as a “Casino”. But the matter is not so simple for there has never been any better alternative so far. The market for primary nickel, especially in the form of brands which are approved on the LME (so called Class 1), is…

Where have all the flowers gone?

Based on the song by Pete Seeger “Where have all the flowers gone”, today from a business point of view, the words should be changed to “Where have all the workers gone, long time passing.” After the corona measures were lifted it seemed as if people had been swallowed up and disappeared from the face of the earth. Regardless of which sector, there is a lack of…

“Double whammy”

It seems somewhat apocalyptical when stock markets and other markets react at the moment to bad news with price increases. This phenomenon is called “bad news is good news”, which shows how far many markets have distanced themselves from the real economy and are used more as investment instruments. The background to this type of action is…

“Ignorance first, expertise second”

These days, looking at the global economic environment, good news is really thin on the ground. It feels like a microscope is needed to find any. Unfortunately bad news is there in abundance and promises challenges for the coming quarters. Therefore, at this point, we do not wish to repeat the topics which are already known from media and other sources of information, but deliberately also make a compilation of the positive aspects…