Daily FNArena News - Commodities

The spot uranium market saw a very quiet week as buyers and sellers stood their ground, leaving prices unchanged.

The Ikata unit 3 reactor was restarted last week, bringing the number of currently operational reactors in Japan to three.

Price outlook for coal; iron ore consumption; China’s steelmaking restructure; impact of Philippines nickel supply cuts; aluminium demand; Canaccord Genuity upgrades Galaxy Resources.

While the prices of many base metal are pushing higher, aluminium remains in the doldrums and ANZ analysts suggest a large surplus is looming.

The State of New York has relented in deciding to provide subsidies for nuclear power which should see plants saved for now.

China’s steel exports; iron ore demand; copper disruptions; rising pigment prices.

The spot uranium price was boosted last week by some long-awaited utility demand.

Oil & gas outlook; coal pricing and demand; nickel outlook in the wake of the Philippines review of its nickel mines.

The uranium market was at least pleased to hear last week several utilities are preparing to seek term delivery contracts.

Steel to drag on iron ore; weak oil continues; gold’s safe haven strengthening; battle for share in potash; temporary support for nickel; and Syrah Resources.