Brazil stocks decline

Note: This section contains information in English only.
Source: Marketwatch

Brazil's stocks fell on the worries that Brazil plans to reduce its growth forecast for 2011 and 2012. The stock prices were also impacted by the concerns over spreading euro-zone's debt crisis. Brazil's Ibovespa  lost 2.1% to 57,006 while Petrobras declined by 3.3% and Vale edged down 2.2%.

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Mon, 12 Dec 2011 19:30:14 GMT

Natural gas falls to 13-month low

Natural gas futures declined to 13-month low on the mild weather forecasts in the US and larger level of the commodity supplies that exceeds the heating needs of the country.  On the New York Mercantile Exchange, natural gas futures for January delivery were traded at USD3.247 per million British thermal units at the early U.S. trade, losing 2.13% since opening.

Mon, 12 Dec 2011 19:29:24 GMT

Cotton tumbles to two-week low

Cotton futures experienced losses falling to two-week low on the worries about the worldwide demand for the commodity. World Agricultural Supply and Demand Estimates announced on Friday it lowered the global demand for cotton forecast by 2.6%. On the ICE Futures U.S. Exchange, cotton futures for delivery in March were traded at USD0.8970 a pound at the European afternoon trading hours, losing 0.8% since opening.

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