Quarterly Commodity Insights Bulletins

KPMG’s Quarterly Commodity Insights Bulletin considers the impact of natural events, deal activity, regulation and other developments on the global in copper, iron ore, metallurgical coal and other natural resource markets.

Quarterly Commodity Insights Bulletin Gold

	2012/05/24
During the first quarter of 2012, gold prices rose ~8.6 percent, from the beginning of the quarter, to reach US$1,662.50/oz by the end of the quarter.

Quarterly Commodity Insights Bulletin: Iron Ore (Q1-2012)

	2012/05/07
Spot iron ore (62 percent Fe content) prices stabilized during the last three months at US$130-135/t level, after witnessing a high of US$193/t in mid February last year.

	2012/03/19
A faster than expected recovery in Japanese demand and threat of industrial strike action in South Africa’s supply helped in increasing prices in August 2011.

	2012/01/20
The Long Term Price is the base price for the Long term delivery contracts. Long term contract terms range from two to ten years, but typically run three to five years.

	2012/01/19
The regulations introduced were mostly for increasing the revenue base for the government from the coal mining sector as well as to have stricter control over the mining activities.

	2011/12/14
During the third quarter of 2011, refined nickel prices averaged US$10.30 / lb on the London Metal Exchange, up from US$9.62 / lb in the third quarter of 2010, a year-on-year (y-o-y) increase of seven percent.

	2011/12/14
Gold prices have been rising continuously for the last 11 consecutive quarters. Since 2001 the quarterly average of the gold price performance stands at 5%

	2011/09/21
Support for the iron ore price came from China’s urbanisation drive, weather disruptions in Australia and Brazil, increased restrictions on Indian exports.

	2011/09/21
For the rest of the year, metallurgical coal prices are expected to remain higher than US$300/mt, due to the high growth in demand from BRICSA (Brazil, Russia, India, China and South Africa) economies.

	2011/09/06
After a good first quarter of calendar year 2011, copper prices declined in the second quarter due to concerns over the cooling down of the Chinese economy.

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