20 April 2015
Commodity Pricing Graphs
The last 6 weeks haven't been particularly good for commodities
with Nickel, Coal and of course Iron Ore taking hits during March
and April. Gold also dropped but recovered pretty quickly and
is holding steady.
Gold dropped to $1,150 USD/OZT
around the 15-16 March following a $1,200 USD/OZT start to
March. It's now steadying out between $1,190 and
$1,210 USD/OZT as we enter the last two weeks of April.
Nickel stated March strong rising
from $14,000 USD/t to $14,400 USD/t within the first week, it then
dipped and rose and then took a downward dropping to $12,300
USD/t in mid April. Currently it's climbing and sits on
12,888 USD/t as we enter the last two weeks of April.
Iron Ore Fines has experienced drop
after drop thoughout all of March. Starting on over $60 USD/t
at the beginning of March, the end of March saw it at a low of
below $48 USD/t. Currently Iron Ore sits at $51 USD/t as we
enter our last two weeks of April.
Coal highest price in March was $53
USE/ST, after starting the month just of $50 USD/ST. The
beginning of April has saw it drop again and it's now back to just
over $50 USD/ST as we enter our last two weeks of April.