Daily FNArena News - Commodities

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.

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.