Daily FNArena News - Commodities

Brokers seek a light at the end of the tunnel after the recent rally in the oil price but find the outlook is fairly dim.

The uranium spot price continues to slide away on lack of buying interest.

Is the worst of the downturn over?; China’s electricity consumption; iron ore rally may run out of puff; nickel moving into deficit.

2016 to date has featured much reduced volumes in the spot uranium market and an ongoing slide in prices.

Trends in worldwide exploration; metal prices rebound; zinc outperforms; steel demand up; contractors being re-rated.

Self regulating mine supply; base metal malaise; zinc supply not tight enough; tin price rally likely short-lived; what if Indonesia lifts its export ban?

With no settlement yet on outstanding term contract tenders and little demand evident in the spot market, sellers bottled last week to send the uranium price tumbling.

Iron ore price rally; large bounce in sugar prices; bear case for thermal coal; zinc outlook brightens; and is Indonesia’s ore export ban set to reverse?

There were no transactions reported at all in the spot uranium market last week. Various countries have reassessed their nuclear power plans.

Sellers still expect uranium buying interest to emerge but buyers see a well-supplied market. Last week saw increased activity but a lower spot price.