This Month
Panic sets in as short squeeze rockets copper price
A violent spike in copper futures traded in New York has caught markets off guard and sent traders scrambling to cover short positions.
- Alex Gluyas
- Updated
- Earnings season
Macquarie takes hit on green energy
The investment bank’s chairman Glenn Stevens has warned that fossil fuels, especially gas, will be required “for quite some time to come”.
- Updated
- Lucas Baird and James Eyers
April
Oil jumps, Treasuries surge on fears Iran will attack Israel
Bond yields tumbled and crude oil surged to a six-month-high following reports that Israel is bracing for a possible attack from Iran.
- Michael Mackenzie
Buy Newmont to benefit from gold price surge, Citi urges
Shares in the gold miner, which merged with Newcrest last year, have fallen. But the investment bank says that should be more than overcome this year.
- Joshua Peach
Gold rally ‘has legs’, as price tipped to reset record
Gold has already jumped more than 9 per cent this year, with ANZ and JPMorgan projecting the precious metal to hit $US2300 an ounce by December.
- Updated
- Joanne Tran
February
More pain for nickel, lithium as supply deluge bites
Of the three key critical minerals, nickel has the darkest outlook because of cheap supply from Indonesia, but investors are backing copper as demand picks up.
- Cecile Lefort
Uranium’s renaissance brings big opportunities for investors
Analysts are racing to upgrade long-term uranium price forecasts on expectations supply won’t match soaring demand.
- Tom Richardson
January
Investors turn to copper, gold and uranium amid battery metals rout
The collapse in battery metals has many investors fleeing nickel and lithium plays for safer waters. Here are the commodities fund managers have turned to in 2024.
- Joshua Peach
November 2023
Cattle market on the rebound after 70pc price plunge
A much welcome rain boon has halted the tumble in cattle and beef prices, but farmers still need to badly reduce their flocks and herds for a major improvement.
- Cecile Lefort
Iron ore tipped to hit $US130 a tonne by year end
Citi expects the rally in iron ore prices to continue if China ramps up its policy stimulus to bolster the economy.
- Joanne Tran
October 2023
After Israel attack, oil prices now hinge on these five things
There are several geopolitical considerations that will hinge on how far Israel takes its response. For now, these are the most immediate considerations for oil traders.
- Alaric Nightingale
El Nino, fuel costs could help push rates higher, economists warn
Analysts are worried that inflation is set to accelerate from a surging oil price and the prospect of higher food prices from a hot, dry summer.
- Cecile Lefort
September 2023
- Opinion
- Opinion
India can soften the blow as China slows
India will create a welcome floor to the global commodity market as China’s growth flattens. But it will not become a new peak.
- Soni Kumari and Dhiraj Nim
August 2023
Chalmers tipped to deliver a second budget surplus
A $62 billion budget windfall fuelled by high commodity prices means forecasts of a deficit this year are pessimistic, Westpac says.
- Michael Read
July 2023
This firm pays its 3300 workers an average of $1.2m a year
Profit at commodity trader Vitol more than tripled to $22.4 billion last year, prompting the company to double the average wages and bonuses it pays its employees.
- Updated
- Jack Farchy
- Exclusive
- Lithium
Patriot Battery Metals chairman hits back at short seller
Ken Brinsden built Pilbara Minerals from a penny stock to a $15 billion company. He says Patriot’s Corvette project is “one of the best ones globally”.
- Elouise Fowler
June 2023
UK regulator missing in action at start of nickel crisis
As the London Metal Exchange came close to bankruptcy last year, the market regulator did little.
- Jack Farchy, Jonathan Browning and Mark Burton
May 2023
Oil set for worst run this year as recession fears rattle market
Oil headed for a third straight weekly decline as slowdown concerns and turmoil in the US banking sector prompted investors to flee from risk.
- Yongchang Chin
March 2023
Budget to shake up iron ore and coal price outlook
The change would boost revenue and help cover a multibillion-dollar blowout from unfunded Coalition spending programs including My Health Record.
- Michael Read and John Kehoe
November 2022
Oil slumps on China COVID-19 outbreak, recession fears
Oil prices extended their decline on Monday ahead of a new OPEC+ meeting in December and plans among G7 nations to cap Russian oil prices.
- Emma Rapaport
