News item
16 Jun 10
The sandwich dilemma
This is no easy task, especially as so much wasted time has passed, yet not too late, for, especially in the (secondary) commodity markets, some interesting opportunities are arising which can make the assured access to necessary commodities possible and at reasonable conditions. With regard to primary commodities these possibilities seem to be obstructed by astronomic valuations. It is interesting to note that once similar demands are made which are not in the interests of one’s own company, then immediately cries are made about market economy dominance and for the market regulation of supply and demand. The fact that regulations are needed has been emphatically proven by the financial crisis, but whether commodity markets belong to an area of urgent need for this can be doubted, at least for the large part concerning one’s own freely made decisions.
LME (London Metal Exchange)
| LME Official Close (3 month) | ||||
| June 16, 2010 | ||||
| Nickel (Ni) | Copper (Cu) | Aluminium (Al) | ||
| Official Close 3 Mon.Ask |
19,660.00 USD/mt |
6,622.00 USD/mt |
2,001.00 USD/mt |
|
| LME stocks in mt | ||||
| May 18, 2010 |
June 16, 2010 |
Delta in mt | Delta in % | |
| Nickel (Ni) | 139,962 |
131,712 | -8,250 |
-5.89% |
| Copper (Cu) | 483,150 | 459,150 | -29,000 | -5.94% |
| Aluminium (Al) | 4,511,025 | 4,487,925 |
-23,100 |
-0.51% |