The latest Market Talks covering Commodities. Published exclusively on Dow Jones Newswires throughout the day.

0329 GMT - Supply disruptions are rippling through several commodity markets, and could lead to higher prices should demand hold firm, Jefferies says. In copper, severe storms in Chile have significantly affected mine production, says the bank. In thermal coal, a lack of rain in Indonesia is leading to less supply for the seaborne market, it says. "Meanwhile, the war in the Middle East is also impacting supply chains in the sector," Jefferies says. London Metal Exchange 3-month copper is up 0.1% at $14,535 a metric ton. (rhiannon.hoyle@wsj.com; @RhiannonHoyle)

0318 GMT - Iron ore prices are higher in early Asian trading. Overall iron-ore shipments are continuing a seasonal upward trend, remaining at relatively high levels, according to Nanhua Futures analysts in a commentary. Ahead of the upcoming long holiday in China, steel mills are actively building up inventory, they note. The most-traded iron-ore contract on the Dalian Commodity Exchange is 0.1% higher at CNY722.0 a ton. (tracy.qu@wsj.com)

0258 GMT - Palm oil rises in Asian trading thanks to bargain hunting. Weather concerns continue to support prices, with fire hotspots, haze and low water levels threatening plantation operations in Indonesia's palm-growing regions, AmInvestment Bank says in a note. Technical analysis suggests crude palm oil futures have a bearish-to-sideways bias, while declines in rival oils and crude oil may weigh on sentiment, it adds. It sees resistance at 4,960 ringgit a ton and support at 4,850 ringgit a ton. The Bursa Malaysia Derivatives contract for December delivery is up 8 ringgit at 4,906 ringgit a ton. (yingxian.wong@wsj.com)

0235 GMT - Ramelius Resources' FY 2027 and 2028 production outlook is moderately below expectations, says Euroz Hartleys. However, that is offset by lower-than-expected operating costs "and an exceptional forward outlook in FY29 and FY30," the broker says. Rising free cash flow and falling capital expenditure should bolster capacity for additional dividends and share buybacks, says Euroz Hartleys. "We continue to be confident that RMS' superior cash flow outlook against its peers will result in a share price re-rate over FY27 as investors start to look toward future cashflows," it says. The broker keeps a buy recommendation and A$5.04/share price target. The stock is up 6.4% at A$3.81. (rhiannon.hoyle@wsj.com; @RhiannonHoyle)

0228 GMT - Copper prices are higher in early Asia trade, supported by expectations of tightening supply and improving demand, Everbright Securities analysts write in a note. Domestic copper inventories remain low, while global copper mine supply remains constrained, they add. Spot treatment charges have also fallen to fresh lows, pointing to continued tightness in the concentrate market, they say. Investors are monitoring U.S. copper tariff policy and its potential impact on global trade flows, they add. The three-month LME copper contract is up 0.1% at $14,540.50 a ton.(jiahui.huang@wsj.com; @ivy_jiahuihuang)

0221 GMT - MA Moelis Australia wonders whether FireFly Metals investors will have the patience and risk appetite to hold the stock when it is "already reflecting much of the intrinsic value of the business." MA says it has high conviction in the company's Green Bay copper-gold project, which it thinks will be comfortably funded. But it would "like to see significantly more upside between our price target and where the equity is trading as a reward for both the duration and complication of bringing Green Bay back to life," it says. MA has a hold rating and a A$1.80/share target on FireFly. Shares are down 5.4% at A$1.6975. (rhiannon.hoyle@wsj.com; @RhiannonHoyle)

0005 GMT - Gold edges lower in early Asian trade. Prices could remain constrained amid expectations of tighter U.S. monetary policy, with markets pricing in one more rate hike in 2026 and another in 2027, says Konstantinos Chrysikos of Kudo.com in a commentary. Traders will continue to monitor major central banks and the Fed this year for further monetary tightening signals, he adds. "Any firm messaging could push yields higher and pressure gold, while softer guidance may help a rebound," he says. Higher rates typically diminish the allure of the non-interest-bearing precious metal. Spot gold is 0.1% lower at $4,371.88 an ounce.(amanda.lee@wsj.com)

2359 GMT - Ramelius Resources' new FY 2030 production target is, at its midpoint, 12% above consensus, says RBC Capital Markets. The miner's FY 2030 all-in sustaining cost guidance, also at its midpoint, is 4% below consensus, the broker says. In the nearer term, Ramelius's FY27 production and AISC guidance are broadly in line with expectations, it says. RBC has a sector perform rating and 3.70 Australian dollar share target on Ramelius. The stock ended Friday at A$3.58.