Daily FNArena News - Commodities

ATW’s Jerry Simmons has cast his technical eye over price action in crude oil futures.

Barclays Capital has met with a number of players in the Chinese copper market and found sentiment remains cautious at current price levels.

The Queensland floods impacted on a number of coal mines but not as much as some reports had indicated, so recent price gains may not last in the view of ANZ Banking Group.

Industry consultant TradeTech has lifted its uranium spot price indicator as market activity continues to pick up.

Tight conditions across the agricultural commodity markets lead Commonwealth Bank to anticipate further price rises in the coming year.

Ahead of the Herd’s Rick Mills sums up why investors should put uranium on their radar for the years ahead.

Copper is at near record highs to start 2011 but aside from some shorter-term pressures a tight market is expected to push prices higher in coming years.

Crude oil prices seem destined to rally above US$100/bbl this year, argues Minelife’s Gavin Wendt.

Oil prices are moving towards the US$100 per barrel level but unlike in 2008 Barclays Capital suggests different market conditions mean prices are unlikely to sustain this level.

Investors and speculators are once again playing the uranium market, with predictable consequences for prices.