Metals Data Response South Africa’s Mine Production (Jun.) Although the latest data show stronger output in the South African PGM sector in June, the risk of strike action has risen in the last month and the potential for further power disruption remains. We... 25th August 2015 · 1 min read
Metals Data Response Global Aluminium Production (July) According to the International Aluminium Institute, global aluminium productiongrew by nearly 11% y/y in July. But excluding China, output rose by just 1.3% y/y. 20th August 2015 · 1 min read
Metals Data Response US silver imports and exports (May) US silver imports fell in May after a strong April, but exports of semi-manufactured silver surged, suggesting recovering industrial demand from the rest of the world. Meanwhile, retail appetite for... 11th August 2015 · 1 min read
Metals Data Response World Gold Official Reserves (Jun.) Buying by global central banks picked up pace in June, with Russia once again particularly active. Going forward, we expect further official purchases to be one of several factors supporting the price... 6th August 2015 · 1 min read
Metals Data Response China's gold imports (Jun.) Mainland China’s gold imports from Hong Kong fell in June after a strong May. However, we expect total imports by China and India to pick up in the second half of the year as low prices attract a... 27th July 2015 · 1 min read
Metals Data Response Global Steel Production (Jun. 15) World Steel Association (WSA) data for June show a 2.4% y/y decline in global steel output, with falls in most of the largest producers. 22nd July 2015 · 1 min read
Metals Data Response Global Aluminium Production (Jun. 15) According to the International Aluminium Institute (IAI), global aluminium production slipped by less than 1% m/m in June, but still grew by over 10% y/y in the first half. However, output in the... 20th July 2015 · 1 min read
Metals Data Response World Gold Official Reserves (May) Global central banks continued to buy gold for diversification purposes in May. Buying was mostly concentrated among emerging markets’ central banks, with Russia once again particularly active. 13th July 2015 · 1 min read
Metals Data Response US silver imports (Apr.) US silver imports rose sharply in April, suggesting strong appetite from the second biggest consumer. Indeed, the US Mint ran out of coins last week as investors bought on falling prices. However, a... 10th July 2015 · 1 min read
Metals Data Response South Africa’s Mine Production (May) After a strong start to the year, South Africa’s platinum group metals (PGM) production fell substantially in May. This underpins our view that continued power disruptions, coupled with an increased... 9th July 2015 · 1 min read
Metals Data Response China’s gold imports (May) A sharp rise in mainland China’s gold imports from Hong Kong in May could have been driven by fears of a further correction in Chinese equities. While imports from India were up 16% y/y in May, they... 26th June 2015 · 1 min read
Metals Data Response Global Aluminium Production (May. 15) According to the International Aluminium Institute, global aluminium production grew by nearly 12% y/y in May, led by a marked increase in China’s output. Excluding China, global production rose by a... 22nd June 2015 · 1 min read
Metals Data Response Global Steel Production (May. 15) World Steel Association (WSA) data for May show a 2.1% y/y decline in global steel output, with falls in most of the largest producers. However, some recovery can be expected in coming months, notably... 22nd June 2015 · 1 min read
Metals Data Response South Africa’s Mine Production (Apr.) South Africa’s platinum group metals (PGM) production fell slightly m/m in April but has returned to pre-strike levels. While this could adversely impact platinum and palladium prices in the short... 11th June 2015 · 1 min read
Metals Data Response World Gold Official Reserves (Apr.) Global central banks continued to buy gold for diversification purposes in April. Buying was mostly concentrated among emerging markets’ central banks, with Russia once again particularly active. 8th June 2015 · 1 min read
Metals Data Response China’s gold imports (Apr.) A fall in mainland China’s gold imports from Hong Kong in April has been more than offset by higher imports of the metal by India. Hence, we believe fears of a slowdown in demand from key emerging... 28th May 2015 · 1 min read
