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Latin American steel shares fell on Wednesday 14 October as the SLX fund slipped 0.55% to US$102.46 and Brazil’s Usiminas lost 4.76% on US inflation. The post Steel ETF Slips 0.55% as Ternium Falls 0.75% | Steel, Oct 14 appeared first on The Rio Times .
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Zinc miners fell on Wednesday 14 October as Nexa Resources lost 3.51% to US$12.65 and Peru’s Buenaventura 3.11%, tracking a stronger dollar.
Iron ore miners fell on Wednesday 14 October as Brazil’s Vale lost 1.2% to US$13.21 and Rio Tinto 1.94% after US inflation lifted the dollar.
Lithium stocks fell on Wednesday 14 October as the LIT fund lost 1.88% and Chile’s SQM 1.89% as lithium prices stayed weak.
US crude rose about 1% to US$95.09 a barrel on Wednesday 14 October and Brent 0.3% to US$106.01, lifting Ecopetrol 2.17% and Petrobras 1.73% in New York.
Grain funds were mixed on Wednesday 14 October as the soybean fund slipped 0.51% to US$27.19 and corn 0.32%, while wheat gained 0.49% and Bunge rose 1.26%.
Silver plunged about 6% and gold fell below US$4,100 on Wednesday 14 October as hot US inflation raised Fed rate-rise bets, hitting Mexico and Peru miners.