Daily FNArena News - Commodities

National Australia Bank’s latest review of non-rural commodity markets suggests prices should record further gains this year before easing in 2012.

A glance through the latest expert views and predictions about commodities with updates on precious metals, transport bottlenecks and Chinese coal imports and sector-wide cost pressures.

A big enough sell order hit the spot uranium market last week to see prices dropped to ensure completed trades.

Respected trader Dennis Gartman eyes record futures positions as an indicator of a looming correction in gold.

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.