February 8, 2022

The commodity gauges that underpin Goldman’s uber-bullish view

There are more commodities futures contracts trading in backwardation than at any point since at least 1997.

February 8, 2022

Aluminum price hits highest since 2008 on LME, closes in on a record

“Aluminum markets are facing a melt-up in prices this year, driven by simultaneous deficits in both China and ex-China drawing on already low stock of inventory,” Goldman analysts say.

February 7, 2022

Americans face record metals prices as shipping costs surge

Supply-chain snags dominated headlines through most of 2021, catapulting commodities prices to the highest in more than a decade.

February 7, 2022

Goldman commodity veteran says he’s never seen a market like it

"We’re out of everything – I don’t care if it’s oil, gas, coal, copper, aluminum, you name it we’re out of it,” says Jeff Currie.

February 7, 2022

Financial spillover effect more intense between gold, silver

Researchers analyzed the portfolio risk characteristics and spillovers of precious metals commodities and equity markets across continents.

February 6, 2022

Turkey lifts ban on importing scrap metal from Lebanon

The Turkish decision will secure $100 million of "fresh dollars" annually for Lebanon.

February 3, 2022

China’s metals imports boomed in 2021, so did its exports

Such divergence is highly unusual but reflects the equally unusual combination of pandemic recovery and supply-side constraints, writes Andy Home.

February 3, 2022

How an aluminum product is helping scientists better understand the Big Bang

Alumina has been used to make a new type of optical element that will improve the performance of telescopes studying radiation from the Big Bang.

February 1, 2022

Analysts expect scorching base metals rally to cool

Market balances are expected to shift from supply deficit towards surplus in 2023 as production recovers and demand cools, Andy Home says.

January 27, 2022

How Latin America wastes billions of dollars worth of valuable metals

E-waste generated in Latin America in 2019 contained valuable metals representing a total value of roughly $1.7 billion of secondary raw materials.