Daily FNArena News - Commodities

The uranium price dropped last week on worrying news out of nuclear power sector lynchpin, Japan.

Tropical Cyclone Rusty is headed for the Pilbara coast and Rusty is not good for iron.

Jonathan Barratt of Barratt’s Bulletin discusses why rumours of gold’s demise are likley exaggerated.

Brokers see support for coal prices, Australia moving well ahead of Brazil in iron ore, a little help for alumina prices and softer uranium.

Recent support for uranium prices has faded a bit, with prices falling steadily lower as trading progressed last week.

Jonathan Barratt of Barratt’s Bulletin is bullish stocks but recommends put option protection given commodity prices are not providing their typical support.

Renewed market optimism bodes well for metal prices but will it last?

A few big storm clouds that were building over uranium supply have blown away, leaving prices a little softer last week.

The outlook for iron ore remains nervously positive, gold remains flat, oil to weaken a bit plus a roundup of energy plays ahead of reporting season.

Jonathan Barratt of Barratt’s Bulletin believes something is about to give for gold and the upside is favoured. However silver is preferred.