Daily FNArena News - Commodities

Copper prices have been relatively resilient in recent months but positive market fundamentals suggest upside for those with a longer-term view on the market.

While investor fears have weighed on oil prices in recent months Barclays Capital notes the demand picture has continued to improve, supporting the group’s view prices are headed higher.

A glance through the latest expert views and predictions about commodities, with a resolution of labour strikes seen as bad news for nickel prices and more tax related reviews for Oz miners.

Gold has failed to live up to expectations these past weeks. Does this now mean the only way forward is through a downward correction?

The spot uranium market was quiet last week ahead of the final US Department of Energy inventory sale for 2010.

There remain mixed views on the outlook for oil prices, with ANZ Bank identifying some short-term downside risks but Barclays and Commonwealth Bank remaining positive on medium-term prospects.

The last week of June saw some late buying to push the uranium spot price up US75c.

A glance through the latest expert views and predictions about commodities, with an assessment of how Chinese economic growth impacts on steel markets and reviews of the coal and energy sectors.

In the view of Barclays Capital there are factors that could be positive for the natural gas market but none are likely or enough on their own to push prices significantly higher.

A glance through the latest expert views and predictions about commodities, with Macquarie looking at the impact on Australian growth of mining sector investment, how Chinese policy changes could impact and Deutsche updating its commodity sector forecasts.