Analysis: Commodities

Funds buy back into copper's super-cycle credentials: Andy home

The commodities super cycle is back with a vengeance if copper's performance since the start of the month is anything to go by. London Metal Exchange three-month copper touched...

Artemis identifies gold and copper targets at West Pilbara

Artemis Resources Ltd - Western Australia-focused gold, copper and lithium explorer - Identifies gold and copper targets in West Pilbara, Australia, with multiple prospects identified across the...

Record exports deplete US propane stocks and support prices: Kemp

U.S. propane inventories and prices are increasingly determined by the state of industrial demand in North East Asia and trade relations with China rather than weather and consumption at home. ...

Commodities Overview: Industrial metals take a break from bullishness

The prices of most non-ferrous metals lost ground on Tuesday, under pressure from a firmer US dollar and disappointing data from China, the world's leading metals consumer. This was a reversal of the...

Concern grows for Argentina's soy harvest due to heavy rains

Prolonged rainfall over Argentina's farming heartland has fueled fears of delays to the ongoing soybean harvest that could cause production losses, the Rosario grains exchange said on Monday. ...

Oil funds were bullish even before Iran launched missiles: Kemp

Investors were becoming progressively more bullish towards crude oil and refined petroleum products even before Iran launched an unprecedented wave of missiles and drones towards Israel. ...

Oil seen opening up after Iran's attack on Israel, but further gains may depend on response

Oil prices are expected to rise on Monday after Iran's attack on Israel over the weekend, analysts said on Sunday, but further gains may depend on how Israel and the West choose to retaliate. ...

Wall St Week Ahead-Surging US energy shares reflect robust growth, inflation worries

U.S. energy shares are soaring as investors benefit from rising oil prices and a stronger-than-expected economy, while seeking to protect their portfolios from a feared resurgence of inflation. ...

USDA disparity in Brazil crop forecasts spreads to Argentina -Braun

The U.S. Department of Agriculture has held vastly differing views on Brazil’s corn and soybean production than its Brazilian counterpart Conab, but now the U.S. agency has taken a mild approach in...

Investors bet on further rise in US gasoline prices: Kemp

Portfolio investors have amassed one of the largest bullish positions in U.S. gasoline futures and options since before the coronavirus pandemic, anticipating that prices will continue climbing over...

Copper, the metal of the future, caught in the crossfire

Copper, often considered a barometer of global economic health, is currently attracting the attention of investors. Spot copper is trading at around $8,700 a tonne at the beginning of April 2024.

La Nina weather 60% likely to develop from June-August, says US forecaster

A U.S. government weather forecaster expects an about 60% chance of the La Nina weather pattern characterized by unusually cold temperatures in the Pacific Ocean emerging in the second half of 2024. ...

Can analysts out-predict USDA, Conab on Brazil crop forecasts? -Braun

Market analysts once again seek a sizable cut to Brazil’s ongoing soybean harvest from the U.S. Department of Agriculture on Thursday despite disappointment over the agency’s relatively modest...

ICE Review : Canola Holds to Narrow Range, Awaits USDA Reports

WINNIPEG, Manitoba--Intercontinental Exchange canola futures closed mostly higher as trading bounced back and forth on either side of unchanged. Support for canola came from gains in European...

Palladium prices still at record lows

Hopes of a rebound in the price of the precious metal have so far been dashed by the market.

Smelter charges collapse as zinc mine supply falters: Andy Home

Benchmark zinc smelter treatment charges have fallen sharply this year, attesting to a tightening of the mine supply chain. Canadian miner Teck Resources has agreed to pay Korea Zinc...

Smelter charges collapse as zinc mine supply falters: Andy Home

Benchmark zinc smelter treatment charges have fallen sharply this year, attesting to a tightening of the mine supply chain. Canadian miner Teck Resources has agreed to pay Korea Zinc...

Commodities overview: it's all going up!

Every week, the commodities overview offers a review of the latest developments on the commodities markets, to help you better understand the variations in energy, metals and agricultural commodity...

Oil funds turn bullish as Mideast conflict intensifies: Kemp

Portfolio investors are increasingly bullish about oil as Saudi Arabia and its OPEC allies restrict production in the face of rising demand and the shadow war between Israel and Iran spills into the...