Commodity Bull Market

Base metals demand expected to benefit from green revolution – report

Valentina Ruiz Leotaud | June 19, 2021 | 4:14 am Base MetalsChinaEuropeCopperNickel Wind power. (Image by matthiasboeckel, Pixabay). A report by market researcher CRU Group forecasts that demand for zinc, copper, and nickel will continue to grow in the next two decades, particularly in China where government stimulus may drive it to levels even higher than what was predicted in pre-pandemic …

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Copper, gold price bulls nurse their wounds but fight’s not over yet

Bloomberg News | June 18, 2021 | 1:17 pm IntelligenceMarketsChinaUSACopperGoldIron OreOil & Gas Wounded bull. (Stock image) The commodities boom has taken a knock this month, and while there are many reasons to still bet on a so-called supercyle, it’s unlikely to be plain sailing. Vast amounts of stimulus, economies reopening from the pandemic and strong Chinese demand …

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Iron ore price hits 10-year high on rising steel demand

MINING.COM Staff Writer | April 16, 2021 | 9:40 am IntelligenceMarketsNewsAustraliaChinaLatin AmericaIron Ore Steelmaking process. (Image by China Baowu Steel) Iron ore prices continued to climb on Friday despite concerns over environmental restrictions in China. Tangshan, China’s top steelmaking city, said last month it will punish firms that either have not taken the steps spelled out under its emergency anti-pollution plan …

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