Daily FNArena News - Commodities

September was a volatile month for commodities, particularly energy, and NAB analysts look at where prices may be heading.

Low level buying interest continues to emerge for spot uranium but it is the term market attracting the buyers.

Metal demand growth is synchronising and Indian thermal coal demand is on the rise. Brokers discuss their picks among Oz energy stocks and FX impact on Oz materials stocks.

The value of miners, negatives for mining & engineering, Chinese scrap consumption and the lure of gold.

Enthusiasm waned again in the uranium spot market this week while one broker suggests no material upside for prices for the next five years.

Volatility eases in coal and iron ore, price forecasts are eased across a number of metals and production forecasts are ramped. Then there’s productivity.

Jonathan Barratt of Barratt’s Bulletin makes the case for the traditional correlation between US bonds and gold providing support for the gold price.

Several brokers think the market is pricing a supply glut in iron ore that is unlikely to eventuate.

Will Australian infrastructure spending take the place of mining? Steel production and supply. Citi changes gold, iron ore, oil and coal forecasts.

Better volumes and higher prices featured last week as the light at the end of the uranium tunnel grows brighter.