Explosion Kills 19 at Chinese Nickel Smelter in Indonesia -- Commodities Roundup - News Summed Up

Explosion Kills 19 at Chinese Nickel Smelter in Indonesia -- Commodities Roundup


TOP STORY:Explosion Kills 19 at Chinese Nickel Smelter in IndonesiaAt a Chinese nickel smelter in Indonesia, workers were undertaking routine maintenance at dawn when a massive explosion rocked the facility. (yusuf.khan@wsj.com)--Oil Edges Lower During Festive Trading0838 GMT - Oil prices are edging lower with trading muted through the festive period. (yusuf.khan@wsj.com )--Iron Ore Prices Rise but Likely to Stabilize0244 GMT - Iron ore prices are higher in early Asian trading but are unlikely to rise further, Nanhua Futures analysts say. Supplies of iron ore are increasing and demand is falling, the analysts add. The most-traded iron ore contract on the Dalian Commodity Exchange rises 0.4% to CNY984.0 a ton.


Source: Wall Street Journal December 27, 2023 12:38 UTC



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