NEW YORK-- Shares of some top chemicals companies were down at the close of trading:. Dow Chemical Co. fell$. 28 or. 7 percent, to $38.61. DuPont Co. fell$. 15 or. 2 percent, to $60.11.» Read More
SINGAPORE, July 3- London copper hit almost a two-week high on Wednesday, just short of $7,000 a tonne, fuelled by short covering and bottlenecks in supply, although sluggish global growth eroded demand prospects and signalled gains may prove tough to sustain.
SINGAPORE, July 3- London copper rose on Wednesday, underpinned by short covering and bottlenecks in supply, although sluggish global growth eroded demand prospects and signalled any rally may be hard to sustain. *Three-month copper on the London Metal Exchange rose 0.80 percent to $6,965.50 a tonne by 0111 GMT, reversing losses from the previous session.
*Shanghai bonded copper premiums soar to $200. LONDON, July 2- Copper slipped on Tuesday from a near two-week high in the previous session as a stronger dollar weighed on the price and investors remained concerned about economic prospects in top metals consumer China.
*Shanghai bonded copper premiums soar to $200- Shmet. SINGAPORE, July 2- London copper dropped on Tuesday, giving up some of previous session's sharp gains to a near two-week top, as a slowdown in China dented the outlook for demand from the world's top consumer of the metal. Copper prices in Shanghai, however, extended gains into a second straight day.
SINGAPORE, July 2- London copper retreated from 10- day highs on Tuesday as a slowdown in China weighed on demand growth prospects, giving up some of the previous sessions's sharp gains when dollar weakness sparked a short-covering rally.
SAO PAULO, July 1- Brazilian state-run lenders Caixa Econômica Federal and BNDES have the largest loan exposure to debt-laden Grupo EBX, Bank of America Merrill Lynch said on Monday, as markets assess risks stemming from years of hefty borrowing by billionaire Eike Batista's mining and energy conglomerate.
HOUSTON, July 1- The cost to finish building Southern Co's controversial coal-gasification power plant in Kemper County, Mississippi, may increase by at least $160 million to $4.5 billion or more, or more than double initial cost estimates, the company said in a filing with regulators.
SINGAPORE, July 1- London copper steadied on Monday but remained near three-year lows after data showing that growth in China's vast manufacturing sector contracted in June underlined sluggish prospects for metals demand. *Copper ended June down more than 7 percent, its biggest monthly loss since Sept 2011.
*Coal industry critical of Obama's climate change plan. VIENNA, June 30- The U.S. government is not waging a "war on coal" but rather expects it to still play a significant role, U.S. Energy Secretary Ernest Moniz said on Sunday, rejecting criticism of President Barack Obama's climate change plan.
*Short-covering, book-squaring seen at quarter's end. NEW YORK/ LONDON, June 28- Gold surged more than 2 percent on Friday on end-of-quarter short-covering, but bullion still posted its largest quarterly loss in at least 45 years due to selling amid fears the U.S. Silver jumped 6 percent for its biggest one-day jump since January 2012.
JOHANNESBURG, June 28- A South African union gave Glencore Xstrata a seven-day ultimatum on Friday to rehire more than 1,000 workers fired at chrome mines for wildcat protests or face unspecified action. This could include further strike action at other Glencore Xstrata operations in South Africa, which include coal mines.
*Gold down 23 pct in Q2 on fears over US stimulus wind-down. *Copper eyes biggest quarterly loss in nearly 2 years. LONDON/ SINGAPORE, June 28- Gold sank to its lowest in almost three years on Friday and was on track for its worst quarterly performance on record as prospects for the United States to wind down stimulus punctured confidence in the metal.
*Liquidity worries in U.S., China, hurting sentiment. SINGAPORE, June 28- London copper was steady on Friday, eyeing its biggest quarterly in almost two years, as jitters over liquidity in the U.S. and China tarnished the allure of commodities against a backdrop of fitful global economic growth.
SINGAPORE, June 28- London copper fell on Friday and was trading near three-year lows on jitters about the U.S. *The most-traded October copper contract on the Shanghai Futures Exchange slipped 0.54 percent to 48,300 yuan a tonne.
PANAMA CITY, June 27- Panama's economic activity accelerated in April despite slow traffic through its canal and ports, which helped depress growth to the lowest rate in two years in March. Construction is also under way for a mine for one of the world's largest untapped copper deposits on Panama's Atlantic Coast.
SANTIAGO, June 27- A Chilean judge said on Thursday he will visit Barrick Gold Corp's Pascua-Lama gold mine on Monday to evaluate the suspended project before deciding whether to allow construction to resume.
LONDON/ TORONTO, June 27- The gold industry has released new guidelines for bullion miners under pressure to disclose the real economics of producing an ounce of metal, feeding a debate over the sustainability of many gold mines in a sector battered by falling prices.
*Easing credit crunch in China underpins industrial metals. SINGAPORE, June 27- London copper edged higher on Thursday on expectations the U.S. In China, the top copper consumer, moderation in money market rates extended into a fifth day after the People's Bank of China did not drain any cash from the market, helping stocks recover some of their earlier losses. "
SINGAPORE, June 27- London copper lost more ground on Thursday, falling for seven out of nine sessions as ongoing concerns over slowing economic growth in China put pressure on the market.
*China central bank assurance fails to calm jitters. LONDON, June 26- Copper slipped on Wednesday on concerns about the outlook for demand from top consumer China as moves by the country's central bank to ease fears of a credit crunch failed to fully reassure investors.