Commodities News
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Copper traders are bearish for a second week after mounting concern that slowing growth in China and Europe would curb demand drove prices to a four-month low.
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Greenpeace unblocked the Brazilian port of Sao Luis after eight hours of protest against an amnesty for illegal loggers in the Amazon jungle, according to an e- mailed statement.
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Wheat futures jumped the most in a week as declining world production boosts demand for supplies from the U.S., the world’s biggest exporter. Corn and soybeans for delivery after this year’s harvest rose.
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Tropical Storm Beryl, the second named storm of the 2012 Atlantic hurricane season, strengthened slightly as it continues to move west, the U.S. National Hurricane Center said in its latest advisory.
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