Nickel Hits 7-Month Low on Weak Chinese Data
Nickel – Reuters reported that nickel has hit a 7-month low on the LME ending at $15,695 as a weak economic data from China, the world’s biggest metal consumer, strengthened concerns on demand growth.
Nickel – Reuters reported that nickel has hit a 7-month low on the LME ending at $15,695 as a weak economic data from China, the world’s biggest metal consumer, strengthened concerns on demand growth.
Palladium – Bloomberg reported that palladium futures for June delivery fell the most since October 23 as the global economic recovery has discouraged asset buying.
Oil – Canacol Energy Ltd (TSX:CNE, BVC:CNEC) announced that it has entered into a credit agreement in the amount of US $140 million senior secured 5-year loan with a group of banks led by Credit Suisse along with Citibank, Corpbanca, and Export Development Canada.
Palladium – Bloomberg reported that while other precious metals declined significantly as the dollar became stronger, palladium only dropped slightly at 0.3% to $764.95 an ounce.
A new six-year study reveals that companies with at least one female board member outperform those with only male board members on a variety of financial performance measures, including share price.
Coal – Bloomberg reported Credit Suisse Group AG dropped its price forecast for thermal coal at Australia's Newcastle port to an average of $98 a metric ton.
Opinions range over whether the commodities supercycle, driven by China’s growth, is behind us. Some say that it has ended while others believe it has further to go, but will be less “super” in the future.
Cobalt – A brief overview of cobalt price developments, supply and demand, and significant market movers.
Gold – Gold is often seem as the ultimate inflation hedge, but perhaps it's time to reconsider.
Silver – Reuters reported that Credit Suisse cut precious metals forecasts for 2012.
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