Daily FNArena News - Commodities

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.

Eager sellers were taken out by some renewed buying interest in spot uranium last week, affecting a rebound in the spot price.

Ahead of the Herd’s Rick Mills suggests why in a world of exponential population growth and urbanisation, the only way for the copper price to go is up.

China’s steel market feels the impact of environmental regulations, excess supply of aluminium is likely to continue and US and European oil markets remain weak.

Jonathan Barratt of Barratt’s Bulletin has been stopped out of gold longs and with important data due from the US, believes the sideline is the safest place to be.

The next two years of anticipated strong steel production in China will underpin iron ore prices.

Spot uranium is suffering from a rush of traders trying to unload unwanted material by year-end.

Jonathan Barratt of Barratt’s Bulletin suggests renewed violence in Libya implies an otherwise bearish view on oil must be tempered for the time being.

Thermal coal supply, the untangling of Canada’s crude networks and price directions for aluminium and zircon.

Uranium sellers unable to secure buyers decided to hit the spot market this week, pushing down the spot price.