Copper raced as high as $4,500 a tonne on Wednesday, as investors and consumers bought futures contracts in anticipation of a supply pinch in 2006. "Copper's in favour because there's a perception there's not going

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Chicago Board of Trade rough rice futures closed higher on Tuesday, recovering from declines on light technical buying, traders said. January rice closed up 7 cents per hundredweight at its session high of $7.90, while

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Raw sugar prices closed easier on Tuesday on sales by small speculators in subdued business after the Christmas break and the market may drift until players get back after the New Year holiday, brokers said.

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Soyabean futures at the Chicago Board of Trade ended weak on Tuesday on a technical sag after recent strong gains, traders said. However, the market ended well above the days lows on late fund buying

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Malaysian tin fell 0.8 percent on Wednesday with Japanese and European buyers paying less for the metal as sellers flooded the market. The spot contract on the Kuala Lumpur Tin Market closed down $55 at

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Indonesia sold some tyre-grade SIR20 rubber to Singapore dealers on Wednesday, possibly for shipments to main consumer China, but trading was slow in other producers in Southeast Asia as supply improved. Tapping has resumed in

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Malaysian crude palm oil futures gave up a firm trend from the to end lower on Wednesday after weak prices of US soyaoil weighed on the market. Trade was also light due to a lack

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Brazilian oil company Petrobras said Wednesday it had discovered a massive oil deposit in the Campos Basin. Preliminary tests at the site suggest recoverable reserves estimated at 700 million to one billion barrels of oil

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Japan's Hitachi Ltd and two rival chip makers said on Wednesday they may jointly produce cutting-edge chips to better compete with fat-pocketed competitors such as world No 1 producer Intel Corp. The Nihon Keizai Shimbun

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Kerry Packer's Publishing and Broadcasting Limited (PBL) on Wednesday defied predictions of a sharemarket plunge following the mogul's death, in a reaction seen as a vote of confidence in his son James. Analysts had forecast

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