Daily FNArena News - Commodities

A glance through the latest expert views and predictions about commodities with CBA updating commodity forecasts and bulk market outlooks, copper prices under pressure and the Oz ammonium nitrate market.

Recent falls in the oil price mean the market is pricing in further global economic weakness but even allowing for modest growth a second half bounce in oil is expected.

Despite building expectations for uranium to rise, May was yet another steady month in the flat, post Fukushima U308 market.

A glance through the latest expert views and predictions about commodities, with Europe’s declining influence, international funds flows, nickel and emerging issues for mining companies.

Kathleen Brooks of FOREX.com suggests the future for gold is probably down, especially if the Eurozone crisis moves up a gear.

Macro concerns continue to impact on precious metals so Goldman Sachs has identified some keys for gold equities, while Barclays highlights a preference for palladium among PGMs.

A glance through the latest expert views and predictions about commodities with NAB updating its expectations, reports on copper and zinc and why silver prices may be near a bottom.

A glance through the latest expert views and predictions about commodities with energy and iron ore sector recommendations updated, nickel’s weak outlook and steel market commentary.

Jonathan Barratt of Barratt’s Bulletin looks to Beijing’s stimulus plans to halt the slide in the copper price.

China has backed off its iron ore imports sending prices lower over the past month but while short term weakness may persist, analysts suggest a positive outlook remains in place.