NEW YORK— Shares of some top chemicals companies were up at the close of trading:. Dow Chemical Co. rose$. 36 or. 8 percent, to $45.84. DuPont Co. rose $1.06 or 1.5 percent, to $73.29.» Read More
SYDNEY, July 11- After 25 years working around the world as a highly paid geologist earning a six-digit salary, Phil Scheimer is back in Australia weighing up his future prospects: day laborer or pizza delivery man.
*China copper imports fall 7.9 pct on month in June. LONDON, July 10- Nickel prices slid on Thursday as inventories rose, giving investors a reminder of an overhang of material despite an Indonesian export ban. Copper rebounded after upbeat U.S. jobs data raised the prospect of higher demand for industrial metals.
*China copper imports fall 7.9 pct on month in June. LONDON, July 10- Nickel prices slid on Thursday as inventories rose, reminding investors of an overhang of material despite an Indonesian export ban, while copper dipped on weak Chinese import figures. Benchmark nickel on the London Metal Exchange shed 1.9 percent to $19,150 a tonne by 1421 GMT.
*China copper imports fall 7.9 pct on month in June. *Codelco to cancel some shipments to China in H2- sources. In top copper consumer China, data showed its trade performance improved in June but still missed market forecasts, reinforcing expectations that Beijing will have to unveil more stimulus measures to stabilize the economy.
LONDON, July 9- Zinc steadied on Wednesday but stayed near the previous session's 3- year high as investors held firm to the view that the metal will face shortages due to mine closures and is currently a good proxy for recovering global growth. Copper prices hovered near their highest in almost five months, while aluminum touched a fresh 13- month top.
*Palladium hits new 13-1/ 2 year peak. NEW YORK/ LONDON, July 9- Gold edged higher on Wednesday, holding above $1,320 an ounce, as investors bought into bullion-backed funds anticipating a modest or downbeat assessment of the U.S. economy in Federal Reserve's latest meeting minutes. Palladium rose to a 13-1/ 2 year high for a second day, and platinum rallied too.
LONDON, July 9- The export of hidden Chinese tin stocks is likely to be behind a puzzling rise in London Metal Exchange inventories that has frustrated investors who expected to see shortages this year.
Copper prices hovered near their highest in almost five months, while aluminium matched a 13- month top. Three-month zinc was the strongest performer on the London Metal Exchange, climbing 1.1 percent to $2,308 a tonne by 1001 GMT, approaching a three-year high of $2,318.50 touched on Tuesday.
*Palladium near highest since 2001. *Gold ticks up as SPDR sees another inflow. SINGAPORE, July 9- Palladium climbed for a 13th session on Wednesday to trade near its highest since 2001 on concerns over supply constraints in major producer South Africa, while strong demand for the metal from the auto industry also underpinned prices.
LONDON, July 9- According to the popular narrative, coal is locked in a fight to the death with natural gas and renewables to supply clean electrical energy. Promoters of gas, wind and solar often talk about coal as if it were not just a rival but an enemy.
SYDNEY, July 9- London copper prices steadied on Wednesday near their highest in almost five months, underpinned by shrinking supply and improving prospects for global growth. *Three-month copper on the London Metal Exchange had edged up 0.2 percent to $7,146.75 a tonne by 0109 GMT, from the previous session when it hit its highest since Feb. 19 at $7,212 a tonne.
SINGAPORE, July 9- Palladium climbed for a 13th straight session on Wednesday to trade near its highest since 2001 on concerns over supply constraints in major producer South Africa, amid strong demand for the metal from the auto industry.
July 8- California regulators violated the law by approving expanded use of pesticides that have been shown to hurt honeybees needed for pollinating key American crops, according to a lawsuit filed against the state by environmental groups on Tuesday.
*Palladium hits 13- year peak at $873.75/ oz. NEW YORK/ LONDON, July 8- Palladium rose for the 12th straight session to the highest level in more than 13 years on Tuesday, on supply concerns in South Africa, and firm demand in major car making markets China and the United States.
RIO DE JANEIRO, July 8- The world's largest steelmaker ArcelorMittal expects Brazil's industrial production to improve in the second half of the year as the country gets back to work after the World Cup, giving a welcome boost to Brazil's flat steel producers.
*Palladium hits 13- year peak at $871.80/ oz. LONDON, July 8- Gold steadied on Tuesday as the dollar's recent rally started to fade and investors awaited clearer signs from the U.S.
*Copper may target $7,430 in technical rally- UBS. SYDNEY, July 8- London copper climbed on Tuesday towards last week's four-and-a-half month highs while zinc zipped to its loftiest in almost three years as fund buying in thin trade eclipsed worries about European demand.
SINGAPORE, July 8- Gold ticked lower on Tuesday as investors continued to fret over the possibility of an earlier-than-expected hike in U.S. interest rates, while palladium was trading near a 13- year high on supply worries. *Physical demand in top gold consumer Asia has also been weak as the metal is holding above $1,300.
JOHANNESBURG, July 7- Reuters has pieced together a detailed account of the final days of a five-month strike in South Africa's platinum mines, the longest and most costly industrial action in the country's history.
*China aluminium surplus poised to shrink this year- analysts. LONDON, July 7- Copper edged further off 4- month peaks on Monday as investors took profit and stocks rose for a second day running, though lingering supply worries put a strong floor under prices.
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