Daily FNArena News - Commodities

Watch out for that sudden drop in the oil price, warns FXCM analyst Jamie Saettele.

A glance through the latest expert views and predictions about commodities with positives for platinum, coal and iron ore, a ook at oil and base metals and an update on fertiliser prices.

The uranium price ticked down again last week but a wide range of prices indicates a consolidation between buyers and sellers.

Market analysts at FXCM note gold is again trading near all-time highs and offer some insights on how to trade the gold market.

While high expectations mean prices could correct shorter-term, fundamentals continue to be supportive for base metal prices.

ANZ Banking Group suggests the current political unrest in the Middle East could see oil prices spike by as much as US$20 per barrel.

A glance through the latest expert views and predictions about commodities with a push for monthly coal contracts, positive fundamentals for copper and iron but not zinc and an assessment of the impact of Chinese monetary policy on commodity prices.

Some in the market are expecting nickel to be in deficit this year, but not everybody is convinced.

The relentless rise of the uranium spot price came to an abrupt halt last week as edgy buyers backed off.

A sizeable offer in the spot market saw the uranium price dip slightly last week.