Iron Investing News reports the global commodity market is bouncing back.
BHP, the Anglo-Australian company’s involvement in the full range of mining, from iron ore to diamonds to coal, gives it a broad take on the overall state of the commodities market. Last November, BHP Billiton was forced to defer delivery of 6 million tonnes of [...]
Crude Investing News reports crude oil is expected to double in the next 30 years.
For several years, the forecasted growth in Canadian crude oil supply, primarily due to the development of the Alberta oil sands, led industry to conclude there was an urgent need for additional pipeline capacity to connect to new and expanded markets. Growth [...]
Palladium Investing News reports one analyst have predicted that palladium prices could be in a range of $125 to $300 per ounce.
In his opinion, the outlook for palladium is positive in some of its applications. But a worsening economic climate and the possibility of a stronger US dollar could send palladium to as low as $125/oz during the [...]
Moly Investing News reports moly prices have been affected with the global economic slowdown.
China just announced that its exports of molybdenum are down 6.1 per cent in October, and 21.6 per cent annually for the year on year period. China shipped out 2245 tonnes of molybdenum products in October, and 2230 tonnes in September.
For complete [...]
Moly Investing News reports molybdenum prices have dropped sharply with the global economic pressures.
The downturn in global steel demand hit the metal hard, as molybdenum is used in structural steel and oil pipelines. However, analysts are optimistic about moly’s future. Even as demand wanes, supply remains tight. It is the tight supply picture that ultimately [...]
Wednesday, July 29, 2009
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