April 8, 2020

Gold ETFs hit record high in Q1

For the month of March, gold ETFs added 151 tonnes for a net inflow of $8.1 billion, boosting holdings to a new all-time high of 3,185 tonnes, the WGC said.

April 8, 2020

In uncertain times, global metals exchange volumes surge

LME's average daily activity jumped by 15% in March to 794,139 contracts, the highest monthly total since April 2018.

April 8, 2020

Chinese molybdenum miner halts production after tailings spill

The incident at Yichun Luming's tailings pond on March 28 discharged 2.53 million cubic metres of waste before the leak was plugged.

April 7, 2020

The state of Chinese commodities shows recovery taking hold

From oil to copper to coal, China’s gigantic commodities industry is signaling that the first economy to be flattened by the coronavirus is getting closer to a return to normality.

April 6, 2020

Canned food sprees won’t save aluminum

Demand has slowed for a decade, and a surplus was expected this year even before the current crisis.

April 5, 2020

As China reopens, Africa’s woes threaten to starve its factories

Most African countries have closed their borders and several have limited internal travel or imposed lockdowns.

April 3, 2020

Gold demand soars in some hubs, lockdowns, supply woes hit others

Physical bullion markets in major Asian hubs saw a sharp divide this week with some regions seeing a surge in demand, while others grappled with strained supply.

April 2, 2020

China EV slowdown to hit battery metals sector

Argus analysts are forecasting global EV sales of just under 2.1 million units in 2020, a 1.4% drop from 2019.

April 2, 2020

Pressure builds on China’s raw materials supply chains

As the coronavirus spreads, so too do the lockdowns on activity in key supplier countries such as Chile, Peru, South Africa and Indonesia.

April 1, 2020

2020 copper production forecast trimmed to 21mt

GlobalData now forecasts output growth of 1.9% this year compared to the original forecast growth rate of 3.4%.