|
Commodity
|
Price
|
Price
Drivers
|
|
Steel
(14/09:
Monthly Data)
|
|
Source
|
Latest available movement
|
M-o-M%
|
Q-o-Q%
|
Y-o-Y%
|
|
MEPS
|
Global Steel
|
2.5%
|
2.4%
|
16.6%
|
|
MEPS
|
North America Steel
|
3.7%
|
7.4%
|
23.4%
|
|
MEPS
|
Europe Steel
|
0.1%
|
-0.7%
|
18.1%
|
|
MEPS
|
Asia Steel
|
1.9%
|
-0.3%
|
2.7%
|
|
MEPS
|
Global Stainless Steel – HRC Grade 304
|
-0.6%
|
-0.5%
|
12.9%
|
|
MEPS
|
Global Stainless Steel – HRC Grade 316
|
0.0%
|
1.7%
|
15.5%
|
|
SEIFSA (Table E-A)
|
South Africa: Domestic steel - Hot rolled
|
0.0%
|
2.5%
|
9.4%
|
|
§
Iron-ore
§
Nickel
§
China
§
India
§
Steel consumption
increases when economies are growing, as governments invest in infrastructure
and transport, and build new factories and houses.
|
|
Brent Crude
Oil
(18/09:
Bloomberg)
|
Brent Crude Oil $ 103.29 per
barrel↓
|
§
Economic instability
|
|
Exchange
rates:
(18/09: News
24, Reuters, XE.com Inc.)
|
ZAR/$ 16.31↑
ZAR/£ 21.83↑
ZAR/€ 18.71↑
|
AUD/$ 1.40↑
AUD/CN¥ 0.21↑
AUD/PGK 0.31↓
|
BRL/$ 5.13↑
CLP/$ 960.52↓
PEN/$ 3.37↑
|
§
Economic instability
|
|
Labour
§
South Africa (01/07)
§
Australia (2Q2026)
|
5.5% average wage increase
3.2% (Labour cost: Total
hourly rates of pay excl. bonuses: Private: All industries)
|
§
Strikes & Wage disputes
|
|
Electricity
§
South Africa
(Eskom)
§
Australia (2Q2026)
|
8.76% average
price increase
-2.96% (PPI:
Manufacturing Input: Electricity)
|
§
Possible supply
shortages
|
|
Gold
(18/09: Bloomberg)
(18/09: ETSA
Calculations)
|
Gold $ 4 372.99/troy
ounce↑
Gold R 2 293 102.71/kilogram↑
|
§
Economic instability
|
|
Platinum
(18/09:
Bloomberg)
|
Platinum $ 1 803.62/troy
ounce↑
|
§
Economic instability
|
|
Silver
(18/09:
Bloomberg)
|
Silver $ 67.12/troy ounce↑
|
§
Economic instability
|
|
Palladium
(18/09:
Kitco)
|
Palladium $ 1 296.00/ounce↑
|
§
Economic instability
|
|
Rhodium
(18/09:
Kitco)
|
Rhodium $ 8 500.00/ounce↓
|
§
Economic instability
|
|
Uranium
(16/09: UxC:
Weekly Spot Price)
|
Uranium $ 90.10/pound↑
|
§
Economic instability
|
|
Aluminium
(18/09: LME)
|
Aluminium $ 3 303.00/tonne↓
|
§
USA
§
Global demand &
supply
|
|
Copper
(18/09: LME)
|
Copper $ 14 400.25/tonne↑
Copper $ 6.53/lb↑
|
§
USA, China, Chile
§
Global demand
|
|
Lead
(18/09: LME)
|
Lead $ 1 861.00/tonne↑
|
§
Global demand & supply
§
Economic instability
|
|
Coal Richards
Bay
(18/09: ICE)
|
Coal $ 125.00/tonne↓
|
§ Global demand & supply
§
Economic instability
|
|
Iron Ore 62% Fe
(18/09: CFR)
|
Iron Ore $ 97.42/tonne↑
|
§
Global demand & supply
§
Economic instability
|
|
Ammonia
(03/09:
Monthly Data)
|
Ammonia
(Arabian Gulf) $ 523.75/tonne↓
|
§
USA, China
§
Global demand &
supply
|
|
|
|
|
|