Daily FNArena News - Commodities

Prices for several commodities – oil, iron ore and coal – came of their highs over March and analysts ask whether these levels will be regained.

March was a slower month in the uranium market, with many likely thankful for the rest after the bumpy ride in February.

Not all analysts are bearish on iron ore, while thermal coal in the longer term is causing concern and gold finds are diminishing.

Jonathan Barratt of Barratt’s Bulletin discusses the influence on gold of run-on-the-banks fears developing in Europe.

As copper supply drifts to surplus the metal’s outlook is enmeshed in the Chinese property market. UBS looks at infrastructure plans to transport coal in the Galilee Basin.

Real buyers and sellers have become price sensitive in the uranium market making for steady trade with little participation from utilities.

Ahead of the Herd’s Rick Mills believes there are compelling reasons to invest in junior resource companies.

The US dollar rallies and metal prices fall, usually. Brokers look at rising copper production and portend an oversupply in iron ore.

Jonathan Barratt of Barratt’s Bulletin suggests gold’s resilience suggests a bullish stance although silver’s tardiness may provide for outperformance.

Uranium prices have been falling or lying limp for almost five years now, but the market is much tighter than most realise.