Daily FNArena News - Commodities

The spot uranium price dropped slightly last week as buyers remain highly discretionary.

A glance through the latest expert views and predictions about commodities with brokers revising forecasts for oil and base metals, Chinese steel supporting iron ore and coal and a still tight mineral sands market.

Barclays Capital suggests new data from the IEA indicates the global oil market is tighter than had previously been projected, helping explain the release of strategic reserves.

Market analysts at FXCM expect lower growth expectations and the ending of central bank stimulus programs are likely to see oil trade lower in coming months.

The spot uranium price rebounded last week while BA-Merrill Lynch sees global consolidation of producers in the offing.

A glance through the latest expert views and predictions about commodities including price forecasts being revised and the impact of economic policies on commodity demand.

A glance through the latest expert views and predictions about commodities with the strong Aussie dollar impacting on domestic steel plays, updates to oil and coal forecasts and a note on iron ore.

A glance through the latest expert views and predictions about commodities with brokers identifying key midcap resource exposures, revisions to steel and coal forecasts.

A glance through the latest expert views and predictions about commodities with updates on demand expectations for Japan and China in copper and bulk commodity markets.

In the wake of Fukushima, Goldman Sachs has increased its long term uranium forecast price which seems at odds with the implications and subsequent spot price movements.