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Oryx Commodity News

Toilet roll sales increase again

After nickel prices consolidated on the London Metal Exchange (LME), almost during all of September, down to a low of just over USD 14,000.00/mt, October saw a definite recovery. Prices firmed to around…

The Dunning-Kruger-Effect – too stupid!?

After reaching a new high of USD 15,810.00/mt on the London Metal Exchange (LME) on the 3rd September 2020 nickel took a well deserved rest. Prices are said to be consolidating, as the rise happened very quickly and almost linear, which brought rates into…

When the tide turns…

Similar to the picture on the international stock exchanges, the rise in nickel prices also continued on the London Metal Exchange. In the meantime a new high of USD 14,785/mt was reached. In the previous month, prices were initially below USD 13,000/mt before then firming up…

Every scandal needs a scapegoat

The increase in LME nickel prices has continued in recent weeks. A new high of just over USD 13,700/mt was reached mid July. In June prices were still below USD 13,000/mt. However, this should not hide the fact that volatility has recently…

The City That Never Sleeps

There seems to be quite a few politicians and decision makers surprised by the economic collateral damage already seen and which is still threatening, caused by the more or less hard lockdown measures to contain the Covid-19 pandemic. It would almost seem as if…