Daily FNArena News - Commodities

The mid-term contract price of uranium has ticked up even as the spot price continues to sag.

Metals likely the first to turn up; copper outlook; alumina outlook; seasonal rally in oil; and has peak steel passed?

Longer term global uranium demand might look healthy but near term activity remains muted.

Uranium prices might be subdued but in the commodity market in general at present, this is a big win.

Oil price fixation; commodity outlook may get worse; ranking metal demand; and some benefits flowing for steel producers.

Spot uranium is not participating in the global sell-off, instead posting steady price increases on low volumes.

The spot uranium price has suffered its biggest weekly fall since April, following six weeks of stagnation.

The uranium market continues to stagnate, as the spot price yet again remains unchanged.

UBS tours China; aluminium supply reductions; steel industry adjustments; commodity recovery signals; sensitivities to a US$40/bbl oil price.

The stasis apparent in the uranium spot market all through December has continued into December.