Daily FNArena News - Commodities

A lack of demand in the face of abundant supply is making sellers of uranium anxious.

Coking coal prices; sudden jump in copper stocks; nickel profitability; short-term upside for iron ore.

Fawad Razaqzada of FOREX.com suggests WTI could be set to breach US$50/bbl resistance.

While the uranium spot price rose last week, the issue of declining US demand still hangs over the uranium market.

Heightened interest in lithium; more iron ore volumes arriving; macro economic environment positive for energy, utilities; looming price crunch for alumina?

After having grafted higher, the spot uranium price slipped again last week as traders sought to close deals ahead of the end of the half.

Questions abound regarding the path for oil & gas stocks. One thing brokers agree on is that volatility will continue.

Real demand improves in China; iron ore pressure; G7 on industrial over-capacity; BHP Billiton’s identity crisis; jump in nickel use; the AUD and Oz gold miners.

Major producers of lithium are ratcheting up production as demand for the commodity is surging due to use in electric vehicle and grid storage markets.

The spot uranium price edged up again last week as sellers backed away from growing utility interest.