Previous 10 | Next 10 |
The magnitude of the stimulus over the past year may be driving inflationary expectations. This, combined with potential synchronized global growth and supply constraints, may all serve as tailwinds for commodity producers. VanEck Commodity Strategist and Portfolio Manager Roland ...
Environmental pollution is one of few issues Beijing actually feels vulnerable about as a source of public unrest. The challenge for China is that so much of its aluminum smelting uses coal-fired power production. How quickly China can build renewable generating capacity while sti...
Record-high smelting margins boosted higher capacity utilisation rates, particularly from China, and it has been driving the world aluminium production growth. After a brief dip into negative territory during last March, primary aluminium smelting margins have been rising along with t...
Industrial metal miners are moving lower alongside prices for most metals following speculation that China is considering the sale of ~500K tons of aluminum from state reserves in an attempt to help cool the market and meet national emissions objectives.While aluminum and copper fell as much ...
Commodity supercycles are decade-long periods in which commodities trade above their long-term price trend. The idea of a supercycle is further supported by pent-up demand that could be unleashed once economies reopen. A whole new market for metals such as cobalt, lithium, or nick...
Low-carbon technologies use much larger amounts of metal than traditional fossil fuel-based systems. The Paris Climate Agreement, which was ratified by 174 countries and the European Union in 2016, aims to keep global warming "well below" 2 degrees Celsius this century and ideally not...
Aluminum Corp. of China ([[ACH]] +2.9%) wins a double-upgrade to Buy from Sell at Goldman Sachs, as part of the firm's outlook for strong aluminum prices.Goldman's commodities team raises its London aluminum price forecast to $1.04/lb. in 2021, $1.13/lb. for 2022 and $2.35/lb. for 2023 from i...
Beyond the macro story, aluminium has found some fresh momentum. It's all about China’s ‘net zero’ carbon targets. What are the key implications to supply in China? For further details see: Aluminum: China's March Towards 'Net Zero' Flips Market Expe...
The reason why the Fed has not really signaled any concern about the spike in Treasury yields to 1.6% is that the Fed funds rate is anchored at 0-0.25% and any sell-off in the Treasury market expands net interest margins in the financial sector. The Fed wants a higher 10-year Treasury...
Both flat rolled and extruded products are facing serious supply issues. However, whether they will be short-lived or prove more persistent is not yet clear. Automakers and consumer durables have sought to catch up from the first half of last year, which saw a collapse in demand and o...