Daily FNArena News - Commodities

For the first time since 1988, the world’s central banks will buy more gold this year than sell it.

The bulls in the uranium market are already looking forward to spot prices above US$50/lb.

A glance through the latest expert views and predictions about commodities with supportive factors identified for gold, copper and oil and an update on Brazilian iron ore output.

Having held up in price despite stock market weakness, investors may be wary of copper. But brokers argue there is are plenty of drivers of further upside.

Spot uranium has posted a lively entrance into September.

Industry steel analysts at MEPS believe global consumption of steel will grow strongly in the years ahead.

A glance through the latest expert views and predictions about commodities with JP Morgan offering reasons to remain bearish on nickel, the alumina market’s transition to spot prices and why cotton prices should stay at elevated levels.

A glance through the latest expert views and predictions about commodities with JP Morgan on base metal prices, Macquarie on zinc and Deutsche offering its Oz steel preferences.

If ETF investors were a central bank, they’d now be number six on the list of world gold reserves, as analysts continue to lift their price targets.

A glance through the latest expert views and predictions about commodities with recent coal contract price outcomes seen as solid and reasons why oil and stainless steel prices will head higher.