Daily FNArena News - Commodities

Light activity, thin demand and increasingly stubborn sellers still delivered a small lift to the uranium spot price last week.

Iron ore supply is increasing and there are fears the price will plunge. Commonwealth Bank analysts take a look at what is most likely.

Commodity prices remain weak and base metal surpluses are expected, while a resilient oil price puts the spotlight on mid cap oil stocks.

The coal world is diverging. Thermal coal suppliers are under pressure while the outlook for coking coal is rosier.

Jonathan Barratt of Barratt’s Bulletin suggests price and inventory moves provide clues China is looking to rebuild copper stocks.

Spot uranium prices have ticked a little higher in May after what was a difficult April.

Zircon demand is improving while mining services companies look oversold and there is a depreciation dilemma looming for the likes of Woodside.

Jonathan Barratt of Barratt’s Bulletin argues the case for a limit on copper’s downward trajectory.

After a sharp fall in the gold price analysts are asking if there’s more to come, delving into where demand for the metal may be coming from.

Last week was a slow week, but also a positive week, as buyers grudgingly agreed to slightly higher prices.