Daily FNArena News - Commodities

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.

Commodity supply reductions look less likely; nickel stocks perform strongly; US thermal coal outlook lowered; zinc deficit to deepen.

Uranium buyers indicated last week they were prepared to pay higher prices.

Commodity pricing reflects surging supply; gold bugs re-emerge; agricultural supply pressures; and weaker prices weigh on copper equities.