Commodity Trade Mantra

Posts Tagged ‘Glencore’

Copper Price Forecast 2016: Producers Under Pressure

With copper at $2, roughly 20 percent of the world’s production is not economic on a C1-cash-cost basis. Producers have been able to hang on thus far, but if low prices persist, there could be further production curtailments and mine shutdowns down the road. Hopefully that will be a catalyst that will help prices move higher.

Commodities Plunge To New 16 Year Low; Oil Slides On Venezuela Warning

The Bloomberg Commodity Index is set for its worst year since the financial crisis, plunging 23 percent. It’s not just the metals though: crude oil also started the session off on the wrong foot, following this weekend’s comments from Venezuela that oil prices may drop to as low as the mid-$20s a barrel unless OPEC takes action to stabilize the market.

Which Commodities Are Most Levered To A Chinese Crash

A key drawback of this larger and more integrated role in commodity production is that lower commodity prices are now far less stimulative for China than they would have been several years ago. Yet, lower prices in commodities, other than copper, are likely to reinforce weakness in some of the key Chinese heavy industries centered on commodity production.

Classic Signs of a Bottom in Commodities Seen

Eleven commodities have fallen 20% or more. And seven commodities – oil, gasoline, coffee, oats, natural gas, lumber, and sugar – have fallen at least 30% in the last year. We’re not saying all commodity prices have bottomed. Some commodity prices could continue to go lower. But we do think it’s likely commodities as a group are close to a bottom.

When Will The Fed To Panic & Bail Out The Market Once Again: BofA Explains

Short-term, markets seem intent on forcing either the Fed to pass in September, or the Chinese to launch a more comprehensive and credible policy package to boost growth expectations. Alternatively, a credit event in commodities may be necessary to cause policy-makers to panic. Markets stop panicking when central banks start panicking. Make sure to have a lot of gold and silver.

JPMorgan's Blythe Masters Under Investigation By Federal Prosecutors

JPMorgan’s Blythe Masters is under investigation by federal prosecutors in Manhattan, according to two people with knowledge of the matter. That probe was opened following a settlement with regulators that alleged JPMorgan manipulated power markets in the Midwest and California.

Is This The Cheapest Way To Play The Chinese Credit-Commodity Crunch?

The economic slowdown in China is hammering prices of some raw materials, driving down industrial commodities from copper to iron ore and coal – exacerbated by the vicious cycle of credit-collateral-contraction. So what is the cheapest way to play with potentially limited downside?

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