#Commodities Change in Stocks duing last week ended Friday 8th March 2019

#Commodities Weekly Price Change DRI from Italy and Venezuelan gained as much as 12.7%+ and 10.8%+ and are top performer of thi week along with #Steel and #Zinc

#Commodities #zinc Zinc Stocks down 95.2%- since record high of 2012, reaching to a level not seen since 2007! With China demand in 2018 reached to record high and production declined as much as 8.2%- in the first 2 months of 2019, The price expected to pass 3000$ soon!

#Commodities #IronOre Price of Iranian IronOre Export to china rose between 16% - 109% in 2019, due to higher demand from China and Vale accident in Brazil, which removed up to 50 Million Ton of Iron Ore from the market this year!

#Commodities #Zinc Total LME on-warrant zinc stocks are now at 41,900 tonnes, their lowest level on record! Total world Zinc stocks also down 55%🔻annually to 258000 tonnes! as peak of demand from China is ahead of us👍🏻

#Commodities #IronOre Iron Ore price worldwide continue its uptrend, rose as much as 2.4$+ today to above 95$ per Ton! There are lack of Iron Ore in the market due to Veronica Cyclone in Australia and Vale accident which pushing the prices higher and higher...

#Commodities #Copper World Copper Stocks down as much as 23.7%- annually as China peak demand in Q2 Starts!

#Ironore is up again as the court in Brazil ordered Vale to close Brucutu iron ore mine with 30 Million MT per year capacity...

#IronOre 2.3%+⏫👉 99.2$ Price continue its up-trend and simply can pass 100$ level soon! Steel Companies in China have low stocks of Iron ore and production in April rose by 12.7%+⏫ to record high of 85.03 Million Ton! Commodities

#Iron ore: The price for 62% grade continue its uptrend and rose as much as 3.7%+ to 105.8$ which is the highest in 5 years!

#Copper Stock Change, past 12 months, downed as much as 21.8%-🔻

#Zinc stock change during past 27 months , zinc stocks downed 58%- during past year and continue... Commodities

Performance of Currencies in May 2019 Japanese #Yen is the best currency in May along with Pound of Egypt and Turkish Lira and Swiss Franc!

#Copper #Stocks Copper Stocks in Shahghai down 12% weekly as demand still rising and the government put break on import of category 7 scraps ... this will limit supply as much as 1.5 million ton per per , and need to be replaced by concentrate or refined copper!

#oil higher but 4% after reports that show 2 oil tanker targeted in sea of Oman, Persian gulf #oott

#Steel #IronOre Steel Price in China Finally start to follow Iron Ore higher, as margin of steel makers squeeze! Price of Tangshan Billet as well as Shanghai Rebar rose for 2nd week as a result!

#Copper #stocks Copper stocks in USA, LME, SHFE and China bonded down 41.8 Kt weekly and as much as 30%- during last 6 months! It shows China demand for copper is very strong and demand is migher than supply.

Live from Geneva on the new #coronavirus outbreak pscp.tv/w/cQGjzjI2MTAy…

#steel #China price move higher and ready to recover over #corona ... Good news for #IronOre

#Copper Not so happy smelters in China to cut import of copper concentrate by 8.8% in 2021 to increase their margin from record low!