Daily FNArena News - Commodities

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.

A glance through the latest expert views and predictions about commodities with positive fundamentals identified in thermal coal and fertiliser markets, short-term support for iron ore and palladium and alumina prices tipped to forecast to go higher.

Ahead of the herd’s Rick Mills believes investors should put lithium on their radar.

Silver finished 2010 strongly thanks to an increase in investment demand but industrial demand remains the long-term key to prices.

Once hailed as a reliable lead indicator for bulk commodity prices, the Baltic Dry Index appears to have lost the plot.