Commodities 26/12/2006
Commodities
Crude Oil Declines as Mild U.S. Weather Reduces Heating-Fuel Consumption Crude oil fell more than 2 percent in New York, the biggest drop in six weeks, as mild U.S. weather curbs heating-fuel consumption.
Gold Prices Gain in N.Y. as Iran Nuclear Dispute Spurs Demand for Haven Gold in New York rose the most in more than three weeks after Iran said it would defy sanctions imposed by the United Nations and continue its nuclear program, boosting the appeal of the metal as a haven asset.
Copper Rebounds From Eight-Month Low in New York as Precious Metals Rally Copper prices rebounded from an eight-month low in New York, getting a boost from a rally in precious metals.
Corn, Soybean, Wheat Prices Rise as Funds May Boost Commodity Investments Soybeans, corn and wheat rose to three-week highs in Chicago on expectations that pension funds and other investors will spend more on agricultural commodities next year.
Cotton Rises as U.S. Growers May Shift Acres to Grains for Higher Returns Cotton prices in New York rose to a four-month high on speculation the fiber may lose acres to grains in 2007 as corn, wheat and soybeans rally in Chicago.
Copper Prices May Drop Next Year as Demand Slows, Great Wall Futures Says Copper may fall by $1,000 a metric ton in the first quarter next year on concern slower economic growth in the U.S. and falling imports by China may damp demand for the metal, according to Great Wall Futures Co.
Crude Oil Declines as Mild U.S. Weather Reduces Heating-Fuel Consumption Crude oil fell more than 2 percent in New York, the biggest drop in six weeks, as mild U.S. weather curbs heating-fuel consumption.
Gold Prices Gain in N.Y. as Iran Nuclear Dispute Spurs Demand for Haven Gold in New York rose the most in more than three weeks after Iran said it would defy sanctions imposed by the United Nations and continue its nuclear program, boosting the appeal of the metal as a haven asset.
Copper Rebounds From Eight-Month Low in New York as Precious Metals Rally Copper prices rebounded from an eight-month low in New York, getting a boost from a rally in precious metals.
Corn, Soybean, Wheat Prices Rise as Funds May Boost Commodity Investments Soybeans, corn and wheat rose to three-week highs in Chicago on expectations that pension funds and other investors will spend more on agricultural commodities next year.
Cotton Rises as U.S. Growers May Shift Acres to Grains for Higher Returns Cotton prices in New York rose to a four-month high on speculation the fiber may lose acres to grains in 2007 as corn, wheat and soybeans rally in Chicago.
Copper Prices May Drop Next Year as Demand Slows, Great Wall Futures Says Copper may fall by $1,000 a metric ton in the first quarter next year on concern slower economic growth in the U.S. and falling imports by China may damp demand for the metal, according to Great Wall Futures Co.
posted by alexsakne at 11:58 AM
0 Comments:
Post a Comment
<< Home