Tag:Indonesia

Copper Tops $14,000 as Supply Squeeze Pushes Market Toward Record High

Copper has hit prices $14,000 a tonne. The metal rallied for an eighth straight session on Wednesday, touching $14,196.50/t on the London Metal Exchange, within...

Strait of Hormuz Closure Hits Energy and Mineral Markets

📌 Key Takeaways Around 20% of global oil and petroleum product consumption and about 20% of global LNG trade moved through the Strait of Hormuz...

Nickel Supply Shock Returns as Indonesia Threatens to Tighten the Tap

📌 Key Takeaways Nickel prices hit a nine-month high as Indonesia signals material supply cuts and delays mine approvals. Indonesia controls ~50% of global nickel supply,...

Funds Move Into Nickel As Price At 5-Year-Low

Hedge funds and other speculative traders have amassed long positions equivalent to 272,000 tons on the nickel price, the most optimistic stance since the...

Freeport halts Grasberg operations after mud rush, declares force majeure. Copper surges.

📌 Key Takeaways Freeport has declared force majeure at Grasberg after a mud-rush incident. Copper and gold sales for Q3 2025 are set to fall. Analysts cut...

DRC Ends Cobalt Export Ban, Imposes Quotas of less than half recent production

Key Takeaways DRC ends cobalt export ban on October 16, 2025, replacing it with quotas. Quotas: 18,125 tonnes for the rest of 2025; 96,600 tonnes annually...

Indonesia Considers Major Nickel Mining Cuts in Bid to Lift Prices

Indonesia—the world’s nickel powerhouse, supplying over half of global output—is weighing a dramatic move: slashing mining quotas by nearly 40%, from 272 million tons...

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Copper Hits Record High as Supply Squeeze Meets AI Demand

Copper has hit another record high, with U.S. futures settling at $6.6495/lb, up 38% from a year ago. And...
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Food Inflation Is Back. This Time the Shock Starts Before the Harvest.

US grocery prices rose 0.7% in April, the sharpest monthly increase in nearly four years, while food-at-home prices were...

Copper Tops $14,000 as Supply Squeeze Pushes Market Toward Record High

Copper has hit prices $14,000 a tonne. The metal rallied for an eighth straight session on Wednesday, touching $14,196.50/t on...

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