Daily FNArena News - Commodities

Sellers stepped up the pace last week, sending the spot uranium price down yet again.

A number of key factors have lined up in the coal market and the price canary has flown the cage, with coking coal surging significantly in August.

China’s policy and support for commodity prices; steel demand underpins iron ore and coking coal; stability in copper prices.

Uranium prices remain persistently low while sellers who need to offload product continue to do so.

Upcoming OPEC meeting; coal price rally; outlook for bulks; de-rating ahead for contractors.

Varied drivers for iron ore and coal; precious metals trajectory; focus on US oil production; copper drifts.

The world’s biggest oil producer is looking to go nuclear with an extensive reactor building plan.

In order to avoid further cash burn ahead of a debt repayment obligation, Paladin Energy has suspended production at its flagship mine.

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.