Commodities Arb

Bringing you credible news/analysis in the ever-changing commodities, natural resources and energy transition markets.

[Commodities Arb @CommoditiesArb]

@streetwiseprof Shadow banking system?

[Wall Street Mav @WallStreetMav]

The London Metals Exchange (LME) is running out of zinc…

It may already be too late as it takes 10+ years to bring new mines online… many of the other base metals are running at record lows in warehouse inventories.

#ZincSqueeze ???

[DeCarleyTrading.com @carleygarner]

I had the pleasure of joining @SheryAhnNews and @HaidiLun on Daybreak Australia on @BloombergTV last night. You can catch the archive here -

https://t.co/u7R2vhSJJw

[Javier Blas @JavierBlas]

OIL MARKET: In just two trading days in 2023, Brent crude has lost nearly 10% of its value (with front-month futures trading as high as $87.0 a barrel and as low as $77.7 a barrel) #OOTT

[Stephen Stapczynski @SStapczynski]

Germany was able to inject gas into storage over the last five days due to weak demand 🇩🇪💪

😎 This was possible due to mild weather, strong wind generation and lower exports to France, says BNetzA President Mueller
📅 High storage "means security of supply for 2023 (& 23/24)"

[Chemicals by S&P Global Energy @SPGEnergyPchem]

#Commodities 2023: #Propylene, #PP faces global supply overhang amid uncertain demand
🔸Supply glut expected in #China
🔸European PP faces competition from imports
🔸#US PP supply to outpace demand, propylene may see support
https://t.co/m3nbg6IdSr
#Europe #petrochemicals

[Giovanni Staunovo🛢 @staunovo]

Oil price cap may widen Russia's 2023 budget deficit, says FinMin #oott https://t.co/Ju4KPDbxHi

[Global Trade Review @gtreview]

With a weakening economic outlook and geopolitical instability, 2022 was a challenging time for trade and trade finance.

Here are GTR's top five trends that shaped trade finance during the year, based on our most-read stories.

https://t.co/5KKUm5Rxsd

[Synergy Resource Capital 🐝 @synergyrescap]

Meanwhile:

Copper has been fundamental to electrification so far, yet its weight as a market seems poised to grow exponentially.

We can see it getting much closer to iron.

📊 @SPGMarketIntel

$PERU $HCH #copper

[BN Commodities @BNCommodities]

Russia and Iran are building a trade route from the eastern edge of Europe to the Indian Ocean, beyond the reach of any foreign sanctions https://t.co/faDuKp5dEd

[Menthor Q @MenthorQpro]

Traded volumes in WTI keep dumping, which is driving price, but this type of liquidity drives also massive volatility. Hard to risk manage a book in this environment 👇

[Commodities Arb @CommoditiesArb]

@MenthorQpro @adilova92100 Old economy includes stocks with direct and indirect linkages to commodities (eg GM)? Assumption is commodities outperform tech this decade?

[Giovanni Staunovo🛢 @staunovo]

Billionaire John Fredriksen’s Oil Trader Alta Is Winding Down
Company has been liquidating positions, people familiar say
Volatility in oil markets has surged this year on Ukraine war
#oott
https://t.co/N6cgjMwlEK

[Commodities Arb @CommoditiesArb]

@Schuldensuehner (un) sustainable finance.

[Paola Rojas 🐝 @paola_rojas]

The 'Goldman Sachs vs lithium' saga is far from over.

Lithium stocks are bleeding everywhere.

Yet GS’ lithium exposure has never been larger.

I went through their 13F filings and the most recent news since my November thread.

Here's your update:

[Bloomberg @business]

The world's largest shipping company was warned its boats were being used to smuggle cocaine. Then the US found 20 tons of coke — worth $1 billion — aboard a ship.

Read The Big Take ⬇️ https://t.co/I3dEYz91BZ via @BW

[Commodities Arb @CommoditiesArb]

@DebraG_Robins Oil prices would crash to $12bbl....

[Car Dealership Guy @GuyDealership]

This morning I discovered something *extremely* alarming happening in the car market, specifically in auto lending.

I'm now convinced that there is a massive wave of car repossessions coming in 2023.

Here's what I discovered (and what no one knows):

[Bloomberg Energy @BloombergNRG]

The Biden administration will purchase 3 million barrels of oil as part of its plan to replenish emergency reserves after a historic release of 180 million barrels https://t.co/teOOZsHpFJ

[LiveSquawk @LiveSquawk]

Russia’s Kremlin: Finalising Last Details On Our Response To West's Oil Price Cap
-Putin To Hold State Council Meeting December 22