Brescia, 16 novembre 2015
Cicli e tendenze dei mercati
a cura di Achille Fornasini
2010
2011
2012
2013
2014
2015
2010
2011
?
2012
2013
2014
2015
-41,6%
2010
2011
2012
2013
2014
+65%
2015
+9,7%
-12,8%
-48,8%
2010
2011
2012
2013
2014
2015
HISTORICAL AVERAGE
EMS PARITY GRID RATE
+7%
-23,4%
-5,7%
2010
2011
2012
2013
2014
2015
2011
2012
2013
2014
2015
-54%
-47%
-35%
AGRICULTURAL RAW
MATERIALS INDEX
INDUSTRIAL INPUT
INDEX
METAL INDEX
ENERGY INDEX
-59%
2010
2011
2012
2013
2014
2015
-48,8%
-49,1%
2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
7.700-7.800
7.300-7.500
6.400-6.500
5.700-5.750
5.750-5.800
200
-51%
100
0
-34,4%
STOCK
-100
-200
-300
-400
-500
COPPER MARKET BALANCE
-600
-700
-800
2016
2017
2018
2019
2020
2010
2011
2012
2013
2014
2015
2016
2017
2018
1.675-1.700
2019
2020
1.700-1.750 1.700-1.750
1.600-1.650 1.600-1.650
+2,8%
-47,2%
-35%
STOCK
200
180
ALUMINIUM MARKET BALANCE
160
140
120
100
80
60
40
20
0
2016
2017
2018
2019
2020
2010
2011
2012
2013
2014
2015
2016
2017
2.700-2.750
2018
3.100-3.150
2019
3.200-3.250
2020
3.150-3.200
2.150-2.200
-33,4%
+22,5%
STOCK
0
-50
-100
ZINC MARKET BALANCE
-150
-200
-250
2016
2017
2018
2019
2020
2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
19.000-19.50019.000-19.500
18.000-18.500
16.000-16.500
13.100-13.150
0
-67,2%
+222%
-10
-10,4%
-20
STOCK
-30
-40
-50
NICKEL MARKET BALANCE
-60
-70
2016
2017
2018
2019
2020
2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
19.000-19.500
18.000-18.500
17.000-17.500
16.500-16.750
15.700-15.750
-56,7%
10
0
STOCK
-60,9%
-10
-20
-30
-40
TIN MARKET BALANCE
-50
-60
2016
2017
2018
2019
2020
2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2.000-2.100
1.950-2.000
1.900-1.950
1.900-1.950
1.800-1.850
50
-43,3%
40
30
-50,6%
STOCK
20
10
0
LEAD MARKET BALANCE
-10
-20
2016
2017
2018
2019
2020
2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
60-65
60-65
+36%
50-55
-75%
-26%
55-60
55-60
2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
110-120
100-105
85-90
-78%
100-105
2020
120-130
2010
2011
2012
2013
2014
2015
HMS FOB ROTTERDAM
A3 FOB BLACK SEA
+22,7%
+21,7%
-56%
+0,8%
-63%
2010
2011
2012
2013
2014
2015
BASIC PIG IRON
BASIC PIG IRON
FOB BLACK SEA
+9,8%
+5,2%
GRAZIE PER L’ATTENZIONE!