Sun, Jul 28, 2013 - Page 15 News List

Commodities stricken again by China jitters

AFP, LONDON

Three-month lead firmed to US$2,059 a tonne from US$2,047.75.

Three-month tin slid to US$19,302 a tonne from US$19,624.

Three-month nickel dipped to US$13,900 a tonne from US$14,070.

Three-month zinc decreased to US$1,862 a tonne from US$1,865.

COFFEE: The market fell once again as traders eyed the prospect of a record harvest this year in top producer Brazil.

“The focus has shifted once more to the prospect of a record crop for a low-yield year in Brazil ... which is likely to put further pressure on prices,” Commerzbank analysts said.

By Friday on NYBOT-ICE, Arabica for delivery in September declined to US$1.2375 a pound from US$1.2915 a week earlier.

On LIFFE, Robusta for September decreased to US$1,935 a tonne from US$1,991.

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