Daily FNArena News - Commodities
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Spot Uranium At US$74/lb
Mar 11 2008
A price recovery of spot uranium seems to be in the making now that both industry consultants have raised their weekly price.
The Iron Ore Surge Continues
Mar 10 2008
On top of this year’s price increases, analysts are looking ahead to more price increases in subsequent years.
Commodity Stock Underperformance
Mar 07 2008
GaveKal looks at why commodity prices are soaring but commodity producer share prices are not.
Uranium in 2008
Mar 06 2008
What are the prospects ahead for the forgotten commodity and its associated listed stocks?
Steel Prices To Move Higher By Mid-Year
Mar 06 2008
Steel producers are passing on higher input costs and steel industry consultant MEPS expects this will see prices move higher through to the middle of the year.
US Dollar – Commodity Price Relationship Still The Strongest
Mar 05 2008
While some arguments suggest it isn’t demand that is driving commodity prices but a weak US dollar SVB shows there has been no re-pricing of commodity costs away from the greenback.
Eskom Power Poblems Could Impact On Global Uranium Supply
Mar 04 2008
Power supply problems at South Africa’s Eskom may impact on available supply of uranium this year, but it hasn’t stopped the weekly spot price from falling below US$75/lb.
Why The Market Has It Wrong On Oil Prices
Feb 27 2008
Oil again pushed through US$100 per barrel overnight but ANZ Bank suggests the market has it wrong and prices are headed to US$80 per barrel by the end of 2008.
Way Clear For IMF To Sell Gold
Feb 26 2008
If the IMF can make good on promised cost reductions, the US will allow it to sell some 13 million ounces of gold.
Uranium One To The Rescue
Feb 26 2008
Spot uranium would have fallen below US$75/lb if it wasn’t for Uranium One’s production shortfall in Africa.
