Daily FNArena News - Commodities

Industry consultant finds crude steel production is growing faster in nearly all regions.

Citigroup analysts believe the commodities market has priced in all of the possible good news without any of the risks. This suggests that even taking a super cycle as a given, things can’t go much higher from here. What then should investors consider in sector selection?

A price correction for copper seems more likely now, UBS says, while silver should still be able to make further gains.

Warren Buffet is believed to have sold his silver holdings – too soon so he missed out on a potentially highly profitable position.

At a time when even supercyclists believe spot prices for commodities may be a bit too high, one of the skeptics puts its voice to the expert debate.

No sooner had we noted Citigroup’s belief that analysts’ oil price forecasts were soon be reviewed on the upside, we have our first cab off the rank.

Citigroup’s Asian oil analyst believes the market seems ripe for another round of increased oil price forecasts, possibly over the next few weeks.

Steel industry consultant MEPS confirms things have picked up in global steel markets.

Unlike other commodities, copper and zinc have risen without significant correction over the last year or more. Citigroup analysts muse over the state of the commodities market.

Steel industry consultant believes the price of Nickel could well face some pressure over coming months.