Daily FNArena News - Commodities

Copper finds support; lacklustre gold trends; opportunities for Cooper Basin players; demand for bulks subdued as Chinese consumption falls.

There was a lot of news but little trading interest in the uranium market last week as both buyers and sellers backed off.

Titanium dioxide outlook; LME zinc inflows surge; bearish copper sentiment; poor nickel demand, gold equities; weak platinum pricing; thermal coal unlikely to improve soon.

The Japanese government’s hopes for a return to nuclear power production were dealt a blow last week due to an adverse court ruling.

Has iron ore peaked?; bearish agricultural prices; supply overhang in molybdenum; plentiful cobalt; zinc & lead price correction has further to run.

The spot uranium price last week failed to kick on with a rebound after April’s sharp falls.

Copper outlook strengthens; iron ore outlook weak; depressed manganese prices; a lack of pricing power for steel.

Citi hails Carrapateena and Frieda River projects; few signs of tin recovery; no tailwinds for crude; more supply rationing needed in iron ore.

After a sharp price fall in April, spot uranium has again found support at lower levels.

Investors have called the bottom in iron ore prices but ANZ analysts believe a subdued Chinese steel outlook will keep a lid on bulk prices for some time.