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.
As demand languishes, the uranium spot price has fallen to a new decade low.
A reduction in supply of nickel ore from the Philippines is considered just the opportunity large, patient nickel miners were looking for.
Is the steel production rebound – and iron ore prices – sustainable?; Oil risks to the upside; Nickel prices rise on supply risk; potential upside for gold.
FXCM notes the WTI oil price is now testing technical support and is at risk of falling further as sentiment shifts.
Despite depressed uranium prices, Australian-listed junior miners are pressing ahead with projects.
Preview of upcoming production reports; improving demand for rutile; lead rallies; oil price outlook.
Brokers mull the factors influencing commodity prices and suggest caution prevails for the year ahead.
Gold is in the spotlight post Brexit but silver has outperformed. FXCM analysts discuss the path from here.