Producers of metals and other raw materials were more or less flat as the dollar weakened in the wake of weak consumer and small-business confidence data. A weaker greenback typically buoys prices of industrial metals, which are priced in dollars worldwide.
In one gloomy sign for global economic growth, eurozone exports fell in June for the sixth consecutive month, signaling that international goods trading remained on a weak footing despite the easing of most coronavirus-related restrictions.
Copper futures rose after workers at a major Codelco mine in Chile downed tools.
Teck Resources said operations at its Trail metallurgical facility are ramping back up to full capacity, though a risk remains of further smoke from wildfires in western Canada that had forced its oxygen plant to halt.
Write to Rob Curran at rob.curran@dowjones.com
(END) Dow Jones Newswires
08-13-21 1638ET
