A glance through the latest expert views and predictions about commodities, with higher coking coal forecasts, investors prefering direct exposure to precious metals and support for copper and uranium prices.
Intersuisse predicts a positive news flow for PepinNini as the former uranium explorer shifts focus to iron ore.
A glance through the latest expert views and predictions about commodities with reasons to remain positive on uranium demand, some caution on silver and copper prices and UBS reviewing some forecasts.
After some frenetic weeks of trading post-quake, the spot uranium market went quiet last week as participants attended a world uranium conference.
A glance through the latest expert views and predictions about commodities with silver continuing to register record production, some coal contracts settled and an update on conditions in China and India.
Spot uranium stabilised last week as the world continued to debate the fallout from Fukushima and Kazakhstan moved to limit supply.
An easing of the feared apocalyptic threat at Fukushima saw some opportunistic buying in spot uranium last week.
Consumer Metrics Institute notes US consumer demand for discretionary durable goods has fallen following the Japanese earthquake.
MineLife’s Gavin Wendt is confident uranium prices will recover in H2 this year.
Spot uranium traded as low as US$50 last week but there found some solid buying support from the industry.