While producers have enjoyed the spoils of historically high copper prices, energy inflation and the need to develop higher cost projects to meet demand may well eat away at profits longer term, a Phelps Dodge

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London coffee futures closed almost four percent higher on Thursday, boosted by speculative and fund buying. Traders said the market had rallied amid sentiment that prices may have become too cheap after hitting a three-week

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Aluminium futures closed strongly on Thursday on the London Metal Exchange (LME), just below an earlier 10-year peak on fund buying, dealers said. Aluminium closed at $2,014 in London versus $2,000 on Wednesday. "There has

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Gold saw choppy late trade in Europe on Thursday, dragged lower by a firm dollar before attracting buying just below $460, dealers said. Spot gold was at $460.30/461.10 a troy ounce by 1602 GMT from

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US cocoa futures crept up Thursday for the third consecutive session, with the bulk of interest focused on contract switching and options on the front-month contract a day ahead of expiration, traders said. The New

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Raw sugar prices finished higher Thursday due to modest speculative buying and the market seems pinned in a range while waiting for news to inspire its next move, brokers said. The New York Board of

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Corn futures at the Chicago Board of Trade were firm early on Thursday amid supportive export news and on spillover support from a rally in soybeans, traders said. At 10:02 am CST (1602 GMT), CBOT

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Wheat futures at the Chicago Board of Trade were lower at midmorning on Thursday in a retreat amid disappointing export data, with December falling to a contract low, traders said. Continued long liquidation in the

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US copper futures were trading modestly higher in thin dealings early Thursday, keeping pace with a slightly firmer London market that received a boost from aluminium's spike to 10-year highs, sources said. "There was some

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Soyabean futures at the Chicago Board of Trade soared on Thursday on a technical rebound after gapping higher on the open, traders said. Buying escalated when January soyabean contract shot through its 50-day moving average

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