Daily FNArena News - Commodities

Time to become overweight in miners? Do commodity prices matter more than volume to Australia’s economy? Gold remains subdued while nickel adjusts to Indonesian bans.

After sixteen weeks of consecutive weekly falls, the price of spot uranium was unchanged last week amidst low activity.

Is the sun setting on the iron ore boom? Bell Potter ponders what a three-way merger might mean in the base metals sector. DJ Carmichael asks why some gold stocks are not performing.

Aluminium is heading for deficit in JP Morgan’s view. Consolidation is Bell Potter’s theme for the Oz nickel sector, while Macquarie sees some value in mid cap energy stocks.

Iron ore prices have fallen 10% recently and Chinese inventory financing and a resumption of Indian exports has been blamed, but are these the real reasons?

Heightened tensions over Russia’s involvement in Ukraine underpins the outlook for crude, nickel and gold. Uranium remains in the doldrums while coal is beset by supply.

The uranium spot price is now below the level considered necessary to support primary production, while term contract prices have also fallen due to subdued buying interest.

Several US coking coal producers have curtailed production but what does this mean for the price?

Nickel prices are expected to rise further while copper supply is tightening. Why have platinum group prices been so muted?

Michael Lombardi of Profit Confidential explains why he is long gold, and buying on the dips.