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Copper at a 2-week high in New York

Copper futures for December delivery rose 0.4 percent to settle at $3.237 a pound at 1:18 p.m. on the Comex in New York, after touching $3.246, the highest for a most-active contract since Aug. 11. Copper rose to a two-week

How will El Niño impact commodities in 2014?

Forecasters from the United States to Australia are strengthening predictions for the arrival of an El Nino in 2014, and Goldman Sachs Group this week listed palm oil among the crops that could be hurt. The events, which affect weather

Indonesia slaps ban on mineral ore exports

“The President has signed a decree stipulating that beginning January 12, all raw mineral or ores are banned from being exported,” Hatta Rajasa, the coordinating economic minister, said after a limited cabinet meeting led by President Susilo Bambang Yudhoyono at

Robusta hits 6-week low but stocks have investors turn bullish

Coffee prices on Vietnam‘s domestic market, the world’s largest producer of the variety used in espresso, fell on Tuesday to their lowest since late June, discouraging farmers from selling beans, and driving buyers to the sidelines as they await fresh