Daily FNArena News - Commodities

Awaiting potash contracts; iron ore pain continues; copper expansion grows in importance; gold weakness ahead; and aluminium more balanced.

Buying interest improved in the spot uranium market last week, although buying remains discretionary and not desperate.

Copper supply; weakness in bulks; steel market doldrums; downward pressure on LNG; headwinds abating for wheat; cotton overvalued.

Uranium prices traded a little higher last week but the market is now closely watching to see whether fresh sanctions against Russia might impact on uranium trading.

Coal outlook still subdued; zinc more bullish; copper supply tightens; Metro Mining advances on bauxite.

News of supply disruptions at Australian mines failed to spark much interest in the spot uranium market last week.

Copper becoming attractive; more gloom for iron ore pricing; coal languishes; Credit Suisse bearish on mineral sands.

News of disruptions at Australian-owned uranium mines prevented the spot uranium price from falling back last week.

Oil likely to reverse again; Chinese copper demand should increase; coal scarcity; iron ore prices can go lower.

Speculators are pushing up spot uranium trading volumes and subsequently prices as utilities ponder their positions.