Daily FNArena News - Commodities

Global economic growth is likely to be driven by developed markets next year. Analysts sum up the outlook for industrial metals, coal and fertilisers as subdued.

Jonathan Barratt of Barratt’s Bulletin suggests that between tepid demand growth, growing shale supply and exports soon to recommence from Iran and Libya, the only way for the oil price is down.

As uranium miners across the globe defer or cut production, the uranium spot price has found some renewed hope.

Jonathan Barratt of Barratt’s Bulletin cites a lack of global inflation and falling physical demand from India to suggest it might be all over for gold in the short term.

Silver in solar, growth potential for Australian energy stocks, Chinese reforms, gold producer costs and coking coal outlook.

A glance through the latest expert views and predictions about commodities. Strict new warehousing rules implemented by the London Metal Exchange will hurt metal prices (particularly aluminium), producers, and potentially the LME itself, analysts contend.

Project deferrals and cost cutting from uranium miners have helped the spot uranium price tick higher on a supply-side retreat.

Global oil supply is set to outrun demand while the US approaches the unusual position of being the world’s most significant importer and exporter of energy.

Jonathan Barratt of Barratt’s Bulletin is among those disappointed with a lack of reform announcements from China, suggesting a long-expected bounce in copper is some way off.

Copper appears to be following iron ore’s theme and zinc prices are looking better. Analysts also take a look at China’s coal imports and industry.