Large rebound in Chinese imports; break even lowered for iron ore producers; oil risks growing; coking coal finally rallies; supply reductions beginning for nickel.
Weak uranium prices are beginning to take their toll on uranium producers.
An earthquake in Japan is not what the country’s nuclear energy industry needs to bolster confidence in hoped for restarts of more reactors.
Crude inventories; the CESCO conference and the copper outlook; economic data and gold; the outlook for Australian gold stocks.
The first week of the new quarter brought a halt to frantic end of quarter selling, allowing the uranium spot price to recover slightly.
Breakdown in mineral sands discipline; support for gold; copper vulnerable to downside; nickel still loss-makiing; Oz iron ore shipments decline; steel margins expand.
March saw an uptick in traded uranium volumes but also ongoing price pressure.
Mixed signals for copper; aluminium prices under threat; specific commodity exposure more critical for Australian resources; a steel & scrap rally.
Market analysts at FXCM discuss the technical picture for oil contrasted with sentiment measures.
What will it take for crude to rise?; focus on copper to return to China & production; divergence in aluminium prices.