Daily FNArena News - Commodities

Prices for both iron ore and steel are tipped to rise in 2010, with Chinese economic growth to be the main driver.

UBS offers its thoughts on oil in 2010.

Despite recent weakness it has been a banner year for gold, but is the metal’s shine wearing off?

Given potentially the most resource intensive recovery since the 1970s, UBS remains positive on the outlook for commodity prices in 2010 and beyond.

Resource Capital Research provides its quarterly review of local uranium stocks and its outlook for the uranium price.

Preliminary November trade data from China Customs are painting a supportive picture for Australian iron ore and coal exports.

After a hurly burly year of ups and downs, the market dynamics for agricultural commodities are set to improve.

Steel industry consultant MEPS believes strong spot prices are setting the stage for solid iron ore contract price increases in 2010.

It seems the worst case scenario for oil is flat trading until the recovery economic recovery really kicks in later next year.

Commodity prices generally are forecast to move higher in 2010 but it will be those commodities with supply side issues that should gain the most as the global economy recovers.