Why uranium prices aren’t soaring

The Financial Post has a story about why uranium prices have failed to reach the highs of 2007, despite experts saying the outlook for the nuclear metal is brighter than other commodities. Big hedge funds and other sophisticated financial players were responsible for the spot price of uranium increasing by 800% between 2004 and 2007, but the [...]

Aluminium leads gain on NZ commodity prices

There’s a story on Scoop about how aluminium, wood pulp, lumber and logs posted the biggest price gains amonst New Zealand commodities in July, according to the  ANZ Commodity Price Index. Seafood  on the other hand, posted the biggest price decline for the same month. Kiwifruit, apples, lambs and lamb skins also declined. READ MORE.

U.S. Senator takes aim at commodity index traders

The Maine Public Broadcasting Network has a brief story about U.S. Senator Susan Collins telling the Commodity Futures Trading Commission (CFTC) chair Gary Gensler that index traders are distorting markets for wheat, oil and other commodities. Collins has introduced the Commodity Speculation Reform Act, which would limit the number of contracts that non-commercial investors could hold in [...]