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China June Iron Ore Imports Rise 3.4% to Second-Highest Level This Year China’s iron ore imports rose 3.4 percent in June to the second highest level this year, as rising prices prompted steelmakers to expand output and buy more raw materials.

Gold Declines as Dollar's Raly, Slumping Energy Costs Erode Metal Demand Gold fell in New York and London as a stronger dollar and lower oil prices curbed the metal’s appeal as an alternative investment and hedge against inflation. Silver dropped.

Copper May Decline on `Fragile' Outlook for World Economy, Survey Shows Copper may decline on speculation that demand won’t rebound any time soon, a survey showed.

Tin Declines to Two-Month Low in London on Slump in Usage; Copper Rebounds Tin fell to a two-month low in London as slumping exports from China heightened speculation that demand is weakening. Copper rebounded after China’s imports of the metal and related products gained to a record.

U.S. Cotton-Crop Estimate Is Unchanged, Exports to Decline, Agency Says U.S. cotton production in the new season will be unchanged from last month’s forecast, as higher abandonment offsets an increase in planted area, the Department of Agriculture said.

Orange-Juice Futures Rise, Head for Biggest Weekly Gain Since October 2006 Orange-juice futures rose, heading for the biggest weekly gain since 2006, on concerns that Florida’s crop may be damaged when the Atlantic hurricane season ramps up in coming weeks.

 
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