A glance through the latest expert views and predictions about commodities with updates on base metal and gold markets and what the Japanese disaster may mean for energy and bulk markets.
Some educated perspective on the threat of a Japanese uranium disaster.
The spot uranium price has fallen 10% and that won’t be the end of it, analysts assume.
Everyone’s suddenly an expert, and conflicting information had Wall Street on an hour by hour rollercoaster last night. Dow down 225.
A glance through the latest expert views and predictions about commodities with some initial views on commodity markets in the wake of the disaster in Japan and a revision to oil price forecasts.
Last week saw the uranium spot price rally as US DOE selling was met with strong demand. But this week will be a different story.
Analysts are not expecting any substantial impact on the Japanese economy from the earthquake, but demand for oil and LNG may jump in response to lost nuclear power.
A glance through the latest expert views and predictions about commodities with silver gaining relative to gold given weaker demand for the latter, a review of uranium and updates on Asian auto sales and cocoa.
The US Department of Energy is set to release large stockpiles of uranium into the spot market over the next three years.
The uranium price ticked down again last week but a wide range of prices indicates a consolidation between buyers and sellers.