Market analysts at FXCM predict crude oil won’t correct meaningfully until the price is well past US$90 per barrel.
A glance through the latest expert views and predictions about commodities, with buying not building a cheaper option for copper producers, positives for iron ore, coal and oil prices and some strategies for the coming year.
Industry consultant TradeTech reports spot market volumes for U3O8 have already surpassed last year’s with still a few more weeks to go in 2010.
A glance through the latest expert views and predictions about commodities, with bad weather offering some positives for coal, strong Chinese demand a positive for gold, upgrades for copper and revisions to energy price forecasts.
A sudden surge in interest has seen uranium gain 16% in November to its highest price levels since August 2008.
A glance through the latest expert views and predictions about commodities with long aluminium / short silver seen as the trade for 2011 and updates on agricultural, bulk commodity and oil markets.
A glance through the latest expert views and predictions about commodities with reasons offered why copper and gold can go higher, some new coverage of nickel stocks and an update on the global steel market.
In a quiet holiday-interrupted week for spot uranium, focus turned to the International Nuclear Symposium, held in China of course.
A glance through the latest expert views and predictions about commodities with some positives identified for palladium, analysis of Chinese trade data and an update on the rare earth market.
In the view of Barclays Capital any price dips in commodities are buying opportunities as underlying trends continue to support higher prices in the future.