Just one seller managed to knock down the spot uranium price last week as buyers think about it but remain on the sidelines instead. Meanwhile China continues to drive demand.
While recent oil prices rises have been moderate Danske Bank warns significant further gains would impact on global economic growth.
Jonathan Barratt of Barratt’s Bulletin sees the big plunge in gold as providing a tentative point of re-entry.
A glance through the latest expert views and predictions about commodities with reasons why positives for precious metals remain intact, oil and industrial metals markets and Iluka still a Buy despite a weaker zircon outlook.
The global mismatch in spot uranium prices narrowed slightly last week. Light at the end of the tunnel?
A glance through the latest expert views and predictions about commodities with analysis of geopolitical risk and supply and demand issues in various markets and revisions to price forecasts.
Jonathan Barratt of Barratt’s Bulletin feels oil prices hve run too far, too fast on Iranian tensions.
A glance through the latest expert views and predictions about commodities with global and Chinese metal demand’s importance for prices, the earnings impact of a stronger AUD and NAB’s revised commodity expectations.
While cancelled warrants have limited availability of aluminium in LME warehouses China and Europe remain keys to the market longer-term.
Another week, another lonely single transaction in the global uranium market.