Tag Archives: Commodities

Copper Bounce?

Copper has bounced small today after a -8% pullback in last three days largely due to China credit fears and the impact this will have on inventory used as collateral for loans.  The other side of this story is that copper supply dynamics are also getting worse.  Copper production in the 4Q was +12% y/y and there is fear this could go higher. 

China Commodities

BHP Billiton, King of the Miners

BHP Billiton is the grand-daddy of the miners:  largest, best balance sheet, and most diversified.  Last night they reported earnings that beat by 12% and added a handful of goodies that investors are applauding in the stock price this AM, and may read through to the entire beleaguered sector.

Asia Commodities Mining