Daily FNArena News - Commodities

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.

Disinterest from buyers and urgency from sellers means the uranium spot price continues to slide to historically low levels.

Irrespective of a supposedly more positive picture emerging, spot uranium continues to find no buying support.

Oil & gas production previews; Chinese commodity demand; soft commodities, Australian beef

With Japan set for its first reactor restarts and sanctions against Russia threatening to restrict enriched supply, the spot uranium price should be rising. But it continues to fall.

Nickel has been a strong performer this year and analysts think the sector’s time in the sun has arrived. Preferred stocks are discussed.