Daily FNArena News - Commodities

Global iron ore supply has ramped up considerably this year and prices have slumped. Brokers review the outlook for Australia’s iron ore miners, and take an axe to ratings.

Could mining equities surprise on the upside over the next year? Meanwhile, Bell Potter reduces iron ore forecasts and Morgans finds an opportunity in potash.

The spot uranium price rose again last week but are recent price rises structural at all or do they simply reflect geopolitical tension?

Rhodium demand is on the rise while iron ore pricing is in the eye of the storm and anxiety rises over China’s plans for thermal coal imports.

As the uranium spot price continues to rise in a volatile market, term contract prices have also begun to respond.

Spot uranium enjoyed another price rise last week as sellers continue to back off their offers.

Nickel price stalls for the present; Leverage to exploration among OZ nickel miners; Low prices, mounting losses remain themes in coal; and range-bound aluminium.

Activity is expected to pick up this week in the spot uranium market and sellers are backing off their prices in anticipation.

Kathleen Brooks of FOREX.com argues that current geopolitical tensions are not enough to overcome excess global oil supply.

Nuclear fuel has not been included in Western sanctions against Russia so far, but buyers are not prepared to take the risk.