Origin of Headless Commodities Price

Blaming the Fundamental: Straightforward “Demand and Supply” nice Prof Krugman says,  don’t blaming innocent speculators, they are only  products of the fundamentals,  blaming the fundamental, the demon supply and demand as the below picture tells ten thousands stories or more:   

And he asks and answers

Up at the top are cotton and iron ore. What’s going on up there?

First and foremost, China: it’s clear from news coverage that Chinese demand is driving the markets. As I and others have been pointing out, we’ve got a bifurcated world right now, with advanced economies still depressed but emerging economies in an inflationary boom; commodity prices are reflecting the boom part of the picture.

And

The below from The Age, Alan is the kind pointer, also highlight the trend of the commodity demand.

This is the China that McKinsey & Co sees when it projects that the country could build a new Chicago every year for the next two decades, including more than 1500 new skyscrapers more than 30 storeys high. By 2025, it says in a report, China is on track to have 219 cities of more than 1 million people and 24 cities larger than Sydney. In places like Chongqing, the odyssey from peasant to city resident, which comes with entering the international marketplace, is only halfway complete.

Every apartment block above about five storeys needs to be reinforced by steel. So too every rail tunnel and road bridge and the rolling stock and vehicles that speed along them. Each tonne of steel requires about 1.6 tonnes of iron ore and another 850 kilograms of high-quality "coking" coal - commodities that Australia has in quantities that most of the world can only dream of.

This is the seemingly inexorable urbanisation that BHP Billiton's Marius Kloppers, Rio Tinto's Tom Albanese and Fortescue's Andrew Forrest have in mind when they push through with breathtaking new expansions of their Pilbara iron ore mines. Last month, China imported 62 million tonnes of iron ore, 24 million tonnes of which was shipped directly from Australia.

P.S Today  Prof Krugman's NYT  article  and also in his blog  relevance  the above.

I am the greedy reader and thankful poster YSK-W

Grace of Sacrifices Or The Noble Savage?

This interesting article from Prof Brook in  here, it read as:

The United Nations report Livestock’s Long Shadow (LLS) came out in 2006 with an estimate that 18 percent of anthropogenic greenhouse gas emissions are attributable to livestock. If you exclude deforestation emissions, then the number drops to 14 percent. Some 95 percent of these emissions are direct emissions of methane or nitrous oxide with just 5 percent being from associated energy use as shown in the table which is a contraction of a table from LLS.

Livestock Greenhouse Giga Tonnes

Emissions CO2-eq

Energy Related 0.16

Methane 2.20

Nitrous Oxide 2.20

The reason the energy emissions are so small is that almost no processing is included. The energy associated with the refrigerated meat chain from abattoir to consumer, cooking costs, energy to build the trucks that carry the animals and later the meat etc. None of this was included

Few days back, after I read this pointer, I asked Alan “what is a high-value” agricultural exports?” that would be cattle semen… for sure! He answered straight into the point. I then h=HOU….? And rolling bustling into floor laughing, I was belly Zulu dance! So I went bit of research I come across this and this Angus. They are indeed huge business; the below is PAPA Durabull 9805 from Ohide Cattles’ medallion of his superiority as:

Durabull is one of the few moderate birth, high milk, superior growth bulls with positive carcass and scrotal values. His exceptional marbling, ribeye, and percent retail product EPDs continue to make him one of the most useful carcass sires in the breed. His daughters possess above average volume and fleshing ability and further enhance his reputation as a great breeding bull. Durabull is deceased and semen is very limited. Please call or e-mail us for availability and price.

And I went over another Google search, this time  human sperm for sale, that also a huge business too. Then this is a human sperm bank,  all the these surrogacy you can imagine.This is Donor 4411 catalogue, it reads:  

“Donor 4411’s youthful exuberance fits perfectly with his love of sports. He grew up in a family of athletes, sports being an important part of everyone’s life. His father was a semi-professional soccer player, his mother a skier and cyclist. His sister is a competitive gymnast and recently began diving…”

…

“… Donor 4411 possessed an inner light that seemed to radiate from him. His utter lack of ego or vanity is refreshing. He is energized and excited about life in general and enthusiastic to share stories about his life and family. He can quite simply be described as a breath of fresh air.

Sense of strangeness, and bit of eerie. It is a solemn! Former is for sacrifices later is for existence or sustainability. Strange, so one had to mulling over rendered their feelings religiously. Sens of irony and poignant, it moves deeply. You know human and cattle humble me. Thinking  over the cows’ eyes with deepest saddest huge sky in them in my home town. You find million years of our human sad endeavours and ingenuity for struggle for our very own existent. And unavoidable consequence, the holiness of natural arrangements.  A feeling of great compassion for our own existent and cattles’ noble obliges.

Thankful? According to this data  He is the Killer! What  comes around what  goes around the Kama!

I wonder who is going to win? What a race!  

P.S. Here and here affluent of effluent society. Our thinking should be affluent of effluences. Alan censures  my posting in here, so I have to carful not so mischief and not chiefly derail. All because of human therefore human! Origin of stinks! That is all I am saying!



YSK-W

Township Sinking Feeling

Here is one of a world leading Climate Change  expert  Prof  Barry Brook  insightful, past,  current and forward thinking and very  elucidatory  regarding Queensland flood.  

YSK-W

A Lofty and Poingant Arrow

This superb stuff comes with a lofty poignant arrow -- yes we are talking about our very own existence and extinctions – feed into your heart and soul as your food. We need it.

In Brief

• Food scarcity and the resulting higher food prices are pushing poor countries into chaos
• Such “failed states” can export disease, terrorism, illicit drugs, weapons and refugees.
• Water shortages, soil losses and rising temperatures from global warming are placing severe limits on food production

Many thanks for nice cupids  here and here, sharing always nice!


YSK-W

China Dreams the Glory Again!

In Power and Choice: Asian Security Futures we identified two sets of choices by regional political and military leaders as particularly important in determining how shifting power balances will shape Asia’s future security order. The sinking of the Cheonan and subsequent events highlight the impact both of immediate crisis responses and of long-term strategic choices that aim to secure a country’s place in the order that will emerge fromthe region’s present flux in great power relations.
…

The strategic choices made by South Korea, the United States, Japan and other powers following the Cheonan sinking will have lasting repercussions for Asia’s emerging security order. They will reinforce the emerging balancing dynamics we identified in Power and Choice.

America’s alliances with South Korea and Japan have been strengthened, as has the strategic consensus among these three powers. This convergence has highlighted the importance of political values in informing the strategic choices states make – particularly when contrasted with China’s obstructive response. The fact that North Korea’s attack and China’s defensive response may be tied to succession plans in both authoritarian states further underlines this point. ...

Read more in here

China was one of the great civilizations, they are dreaming again that glory, they command your respect their cultural heritage. Lots of Westerns are fancy of doing business in Chinese without basics. Some are success some are not. They are doing business with only friends.  Chinese has done always better bargains even if with friends.  They never let their friends make money unless they make them first.  Chinese ask you what you can offer.  They are ruthless, intuitive and have great survival instincts and can be dark dark.  They judge you at first glance whether you are a friend or enemy.  One thing for sure they never take for grant how successful they are, as they have been learned painful lesson from not so-long-ago-horrid history. e.g. Great Leap forward and Culture Revolution etc...  40 million people died. They enjoy their economic and military power as they earned as they think they deserve them. Whatever others are saying, they have every intention of keeping them that will be many centuries.  I believed that Korean peninsular security is good for China as well, and then what is it? What make Chinese is not willing web into USA-ROK-Japan?    This era is not Ping Pong Diplomacy, as China doesn’t need much West as they used to be… they need something else.  I remember I had a dream; a black caterpillar was clawing down a room wall and turn into a huge black Chinese character....

YSK-W