Daily FNArena News - Commodities

A glance through the latest expert views and predictions about commodities with both NAB and Goldman Sachs revising commodity price forecasts and Macquarie expecting Chinese demand will underpin prices in coming months.

The Chartist suggests this is not a time to remain aggressively positioned for more immediate upside in the crude oil market.

After the panic of March, April has wrapped up with a calm uranium spot market trading on slightly lower prices.

Guest commentator John Browne of Euro Pacific Capital sees scope for gold to continue to gain even if stock markets experience a steep fall.

Industry consultant TradeTech notes spot uranium prices eased slightly last week as sellers lowered prices to close deals.

A glance through the latest expert views and predictions about commodities, with higher coking coal forecasts, investors prefering direct exposure to precious metals and support for copper and uranium prices.

Chinese nickel pig iron may be dominating nickel market sentiment at present but Barclays suggests there are still reasons to maintain a bullish stance on the metal.

A glance through the latest expert views and predictions about commodities with reasons to remain positive on uranium demand, some caution on silver and copper prices and UBS reviewing some forecasts.

Ahead of the Herd’s Rick Mills suggests harsh times of higher food prices and resulting civil unrest are here to stay.

While Citi and Deutsche bank see positive fundamentals for the nickel market, Goldman Sachs is less bullish, the different views resulting in different stock ratings in the sector.