Daily FNArena News - Commodities

The spot uranium price rebounded sharply last week, but a lack of interest had only heightened volatility.

Recent positive demand-side news has failed to support buying interest, forcing sellers to capitulate last week.

Many analysts maintain the global outlook for oil prices is bearish for the next couple of years.

The spot uranium price remained unchanged for the third week running last week, as India ups its nuclear ante.

Dull copper outlook; water scarcity critical to copper; gold equities respond as the yellow metal price comes under pressure.

Lack of clear interest from either buyers or sellers ensured the uranium spot price remained unchanged yet again last week.

A quiet week in uranium markets saw spot and term prices unchanged from the week before.

Have resource equities overshot? Potential for short term improvements in some metals prices but brokers subdued about the longer term.

The month of June saw emerging buying interest from utilities, particularly in the mid-term uranium market.

Slumping prices are generating pain across a range of commodities, while nickel appears better positioned for some upside.