Commodity supercycle is ‘alive and well’: McKinsey & Co.

Commodity supercycle is ‘alive and well’: McKinsey & Co.
September 26, 2013, 12:16 PM

Recent declines in commodity prices have raised the idea that the so-called commodity supercycle is over, but not everyone believes that.

http://blogs.marketwatch.com/thetell/2013/09/26/commodity-supercycle-is-alive-and-well-mckinsey-co/

Investors, Analysts See End of Commodity 'Supercycle'

July 22, 2013, 12:46 a.m. ET
Investors, Analysts See End of Commodity 'Supercycle'
Popular Bet in Global Financial Markets—That Prices Would Keep Rising—Is Unraveling

Investors are suffering mounting losses as a decadelong rise in commodity prices unravels amid slowing emerging-markets economies, rising supplies of oil and metals and the eventual end of central-bank stimulus policies that propped up prices for raw materials.

http://online.wsj.com/article/SB10001424127887324144304578619672666497416.html

SG Commodities Review: Copper

SG Commodities Review: Copper

Robin Bhar
2013.03.20

■ Copper prices have lost their anchor at $8,000/t. Reasons for the sharp fall include weak physical demand, soaring exchange stocks of copper, disappointing data from China, and lack of Chinese buying after the Lunar New Year holidays concluded in mid-February.

SG Commodities Review: Carbon

SG Commodities Review: Carbon

Paolo Coghe & Stephanie Aymes
2013.03.20

■ After the crucial success in the ENVI vote on February 19, the path to the formal approval process for backloading will continue and the Parliament and Council, along with the European Commission, will enter into ‘trialogue’ negotiations to arrive at a common text before the plenary vote scheduled for 15 April at the European Parliament.

SG Commodities Review: Thermal coal

SG Commodities Review: Thermal coal

Paolo Coghe
2013.03.20

■ Throughout 2012 the mining sector started to rediscover some of the investment discipline that had disappeared during the commodity bull run of the last decade, causing an oversupply of coal, exacerbated by a global economic slowdown, and in turn leading to a material price slide and current depressed price levels.

SG Commodities Review: The four consequences of the US shale gas revolution

SG Commodities Review: European Gas and LNG

Thierry Bros
2013.03.20

The four consequences of the US shale gas revolution

1/ US coal is displacing Russian gas in Europe

The US shale gas revolution pushed Cheap US coal and is displacing expensive gas for power generation in Europe. But, faced with record low European gas demand, Norway managed to increase its production, forcing Gazprom to act as the swing supplier.

SG Commodities Review: European Gas and LNG

SG Commodities Review: European Gas and LNG

Thierry Bros
2013.03.20

■ Norway exported a record 107.6 bcm of pipe gas in 2012, according to the gas system operator Gassco.

SG Commodities Review: US Natural Gas

SG Commodities Review: US Natural Gas

Laurent Key
2013.03.20

■ SG research’s Cal 13 price forecast was revised 20 cents higher vs last quarter at $3.70, due to the bullish withdrawals experienced at the end of the winter.

SG Commodities Review: Oil

SG Commodities Review: Oil

Michael Wittner
2013.03.20

■ Strong growth in Chinese demand is driving 1.1 Mb/d of global consumption growth this year. Total growth in non-OPEC supply, including OPEC NGLs, comes to 1.4 Mb/d, driven by 1.0 Mb/d growth in US liquids output. Saudi Arabia has been cutting proactively and aggressively to balance the market.

Oil, Copper Are the Short-Term Commodity Plays: Goldman

Oil, Copper Are the Short-Term Commodity Plays: Goldman

Published: Monday, 11 Mar 2013 | 2:57 PM ET
By: Patti Domm
CNBC Executive News Editor

Goldman Sachs analysts see a robust near-term outlook for commodities, saying they think the selloff in February amid concerns about China's growth was overdone.

http://www.cnbc.com/id/100543022

Best Metals Forecaster Smirk Sees China Recovering: Commodities

Best Metals Forecaster Smirk Sees China Recovering: Commodities
By Phoebe Sedgman and Chanyaporn Chanjaroen

Industrial metals will rally through the middle of next year as the economy strengthens in China, the biggest user of everything from aluminum to zinc, according to the most accurate price forecaster tracked by Bloomberg.
Justin Smirk of Westpac Banking Corp. in Sydney beat as many as 25 others in predicting metals for two consecutive quarters on a rolling two-year basis, data compiled by Bloomberg Rankings show. He expects copper, nickel and zinc to gain through June and forecasts a 21 percent rise in aluminum.

U.S. Geological Survey, Mineral Commodity Summaries: COPPER

COPPER

(Data in thousand metric tons of copper content unless otherwise noted)

Domestic Production and Use: U.S. mine production of copper in 2011 increased slightly to about 1.1 million tons and its value rose to about $10 billion. Arizona, Utah, New Mexico, Nevada, and Montana—in descending order of production—accounted for more than 99% of domestic mine production; copper also was recovered in Idaho and Missouri. Twenty-nine mines recovered copper, 18 of which accounted for about 99% of production. Three primary smelters, 3 electrolytic and 3 fire refineries, and 15 electrowinning facilities operated during the year. Refined copper and scrap were consumed by about 30 brass mills, 15 rod mills, and 500 foundries and miscellaneous consumers. Copper and copper alloy products were used in building construction, 45%; electric and electronic products, 23%; transportation equipment, 12%; consumer and general products, 12%; and industrial machinery and equipment, 8%.[1]