Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Commodities - The Coming Bull Market -- Ignore unavailable to you. Want to Upgrade?

To: H James Morris who wrote (570)	7/23/2001 12:29:07 AM
From: craig crawford	Read Replies (1) \| Respond to of 1643

>> Aluminum needs to be looked at too << yes, i've posted numerous articles about aluminum on the thread. i'm interested in all the metals. >> The enormous cost of energy is causing Aluminum plants to shut down. << yup, although economic weakness is cutting demand faster. but eventually demand will come back and supply won't come back as fast, so there will be opportunity. >> Maybe that's why Alcoa hasn't been whacked as bad as tech. << well unfortunately for most aluminum companies demand has sunk faster than supply so aluminum prices have slid like most everything else. i think inventory levels are the highest since 1980. alcoa has benefited from cost cutting and selling electricity to support their earnings. other aluminum companies like alcan haven't fared as well.

To: H James Morris who wrote (570)	7/23/2001 12:32:47 AM
From: craig crawford	Read Replies (1) \| Respond to of 1643

Friday July 20, 11:15 am Eastern Time IMC resumes phosphate production at Louisiana plant biz.yahoo.com NEW YORK, July 20 (Reuters) - IMC Global Inc. (NYSE:IGL - news) on Friday said it would resume production of Louisiana phosphate, used in making fertilizer, in order to meet domestic customer requirements. The plant operated at reduced rates in 1999 and 2000 and has been idle since the start of 2001 due to low prices and high inventories of the commodity. The production resumption includes the Uncle Sam, La., phosphoric acid (P205) plant and about two-thirds of the Faustina, La., diammonium phosphate (DAP) and monoammonium phosphate (MAP) granulation plant. The Faustina ammonia plant, with annual capacity of 560,000 short tons, also is restarting. Not included in the start-up is IMC's phosphoric acid plant at Faustina, with annual capacity of 570,000 short tons of P205, and the Taft, La., granulation facility. Including the remaining one-third of its granulation capacity at Faustina, about 25 percent of IMC's total DAP/MAP capacity remains shut down. Production of Florida phosphate, which is exported primarily to China, is unaffected.