Articles Tagged "glencore"

Morgan Stanley Lowers Nickel Price Outlook as Stocks Rise

Nickel – At the end of 2014, many market watchers anticipated positive price action in the nickel space in the near term. Unfortunately, those upbeat predictions have largely fallen by the wayside as 2015 has progressed, and a number of firms have taken the opportunity to update their nickel price predictions for the year.

World’s Biggest Mining Companies Betting on Copper

Copper – There's still some uncertainty regarding how soon copper will shift into a deficit. However, positive arguments for the copper price got some support on Friday when a report from Bloomberg stated that five of the world's largest mining companies have all said good things about the red metal over the last month.

Coal Price Up 10 Percent as World’s Biggest Coal Port Remains Shut

Coal – Australia's Newcastle Port, the largest coal port in the world, has been closed since Monday due to severe storms on the east coast of the country. The price of thermal coal for delivery next month from Newcastle has gone up 10 percent, to $68 per tonne, on the back of delays expected due to the storm.