Commodities

Business nervous on outlook: surveys

by AAP
Businesses downbeat despite recent solid GDP data, surveys show.

Copper price hits three-month low

by AAP
Traders head for the exits in red metal on back of soft Chinese data.

Brent crude hits two-year low

by AFP
Price of oil finds little support as global benchmark hits lowest level since June 2012.

Iron ore price surges 4%

Beaten-down commodity sees sharp rebound, price climbs back above $US85 a tonne.

Arrium announces $754m raising

Mining company to use proceeds to pay down debt in the face of continuing weakness in iron ore price.

Picks of the Week

In this week's essential reading guide, Kohler predicts tough economic times, Gottliebsen weighs up China's risks and Bartholomeusz envisages disaster for small iron ore miners.

The dangerous combination that could end Australia's lucky run

9 comments
The nation was always going to face a tough time with the end of the mining investment boom, but if these two predictions prove correct it will be a much rougher ride than expected.

Oil prices slump on OPEC forecast

by AFP
Brent dips further below $US100 a barrel as OPEC trims oil demand growth forecasts.

Iron ore price in fresh slump

Commodity loses more than 1% on lower forecasts, hits new five-year low.

Iron ore capacity to fall 10%: Rio Tinto

Sam Walsh reportedly expects iron ore trade to fall 125 million tonnes in 2014.

Tax reform is Australia's only option

13 comments
Australia has relied on foreigners to buy its exports for too long -- and those days appear to be over.

UBS warns on China slowdown

Bank's chief economist says RBA rate cuts 'might be appropriate' to counter risks.

Gold price hits three-month low

by AAP
Precious metal finds little support as US dollar makes upward move.

Copper, nickel prices sink

by AAP
Nickel slumps 5 per cent, while copper sees biggest fall in six months.

Brent crude price slides further

by AFP
Fresh 17-month low for global benchmark as it settles below $US100 a barrel.

Iron ore price at new five-year low

Commodity fails to rebound, reaches lowest level since September 23, 2009.

Iron ore, coal face chronic price pain: Calderon

Former senior BHP executive warns of permanent fall in prices of iron ore and coal.

Gold price hits 3-month low

by AAP
Resurgent US dollar weighs heavily on value of precious metal.

Crude oil price slips below $US100

by AFP
Benchmark global oil price hits lowest level in 14 months on fresh demand fears.

Iron ore market risks 'disaster'

Analyst warns against supply lifts from mining giants as price hits fresh 5-year low.

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