Daily FNArena News - Commodities

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.

A glance through the latest expert views and predictions about commodities with expectations improving for iron ore and coal prices and long-term value on offer in Australian steel plays.

Barclays Capital’s fair value model for copper suggests a recent sell-off has the metal undervalued.

A glance through the latest expert views and predictions about commodities with arguments in favour of both copper and aluminium prices and a review of recent Chinese trade data.

High Oil inventories are currently limiting prices but Barclays Capital expects as inventories normalise prices will continue to trend higher.

National Australia Bank has reviewed the gold, oil and bulk commodity markets, while offering its forecasts for coming quarters.

In a quieter week on the spot uranium market the price is now banging up against important resistance. Will it blow?