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reuters

COMMODITIES-Big slump as demand worry replaces Fed euphoria

18 September 2012 By admin

* Investors worry about demand despite Fed, ECB stimulus * Data shows 2nd month of declines in NY state factory activity * Crude oil, CRB index lose most in a day since July * Soybeans drop by daily limit, sharpest drop in 1-1/2 years By Barani Krishnan NEW YORK, Sept 17 (Reuters) - Commodity markets tumbled on Monday, as investors worried about the demand … [Read more...] about COMMODITIES-Big slump as demand worry replaces Fed euphoria

Japan Q4 aluminium premium at $254-$255 per tonne -sources

18 September 2012 By admin

TOKYO, Sept 18 (Reuters) - Japan's aluminium premiums for October-December shipments were mostly set at a record $254-$255 per tonne, up from the $200-$210 in the previous quarter, three sources directly involved in the talks said on Tuesday. Japan is Asia's biggest importer of the metal and the fee sets the benchmark for the region. … [Read more...] about Japan Q4 aluminium premium at $254-$255 per tonne -sources

Freed American says more U.S. citizens remain in Nicaraguan jails

18 September 2012 By admin

* U.S. citizen who received a 22-year sentence is freed * Remains unclear on why he was prosecuted * Puracal has not ruled out future visits to Nicaragua By Emily Flitter and Mary Slosson NEW YORK, Sept 17 (Reuters) - When a guard at a Nicaraguan prison showed Jason Puracal the newspaper headline saying he would be freed, he tried to walk out of jail that … [Read more...] about Freed American says more U.S. citizens remain in Nicaraguan jails

S.Sudan seeks $200 mln credit line for imports

17 September 2012 By admin

* Would pay for imports like food and fuel, minister says * Pound currency has strengthened after interim oil deal * South Sudan has cut back on imports since oil shutdown By Alexander Dziadosz JUBA, Sept 17 (Reuters) - South Sudan aims to seal a $200 million credit line from an international bank within three months to cover imports and bolster the local … [Read more...] about S.Sudan seeks $200 mln credit line for imports

UPDATE 2-Lonmin cuts sales forecast as strikes continue to hurt

17 September 2012 By admin

* Now expects sales of 685,000-700,000 oz of platinum for full year * Keeps expectation to exceed 8.5 percent rise for unit costs * Prolonged production delay to force more "difficult management decisions" Sept 17 (Reuters) - Platinum miner Lonmin Plc cut its full-year sales forecast as it continues to be hurt by violent strikes at its mines in South Africa. … [Read more...] about UPDATE 2-Lonmin cuts sales forecast as strikes continue to hurt

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