The following are the top stories on metals, agriculture and shipping. ECONOMIC EVENTS, AGRICULTURE EVENTS: Last %Chg Aluminum 2,420 -1.5 Copper 8,638 -2.2 Lead 2,533 -3.0 Zinc 2,441 -4.0 Nickel 23,508 -2.1 Tin 26,400 -2.2 Other Markets: Last %Chg %YTD U.S. Dollar Index 78.376 +0.2 +0.7 Crude Oil $86.45 -1.6 +8.9 Gold $1,389.25 -1.4 +27 MSCI World Index 1,244.57 -0.3 +6.5 *T TOP STORY: China Commodities Slide on Tightening Concern as Inflation Gains China’s commodities futures tumbled today with cotton, sugar and rubber falling by the daily limits after gains to records were seen as excessive and on concern China may take additional measures to curb inflation, possibly reducing demand. Copper, zinc, soybeans and palm oil also slid. EXCLUSIVES: Rubber Imports by India to Rise on Shortage, Tiremakers Say Natural-rubber imports by India, the fourth-biggest producer, may climb at least 18 percent this year as excess rain lowers output and tire demand increases in Asia’s second-fastest growing market for cars. Coal India Said to Mull Massey Mine for Its First U.S. Purchase Coal India Ltd., the world’s largest coal producer, is considering a Massey Energy Co. mine for its first asset purchase in the U.S., three people with direct knowledge of the matter said. Panasonic Getting ‘Strong Responses’ From Electric-Car Makers Panasonic Corp. is receiving “strong responses” from automakers as it seeks new buyers for batteries to be used in electric cars, a company official said. INDUSTRIAL METALS: Copper Drops From Record on LME, by Limit in Shanghai, on China Copper tumbled from a record in London and dropped by the daily limit in Shanghai, as some investors deemed the rally excessive on concern that China may step up measures to tighten economic policy, potentially curbing demand for industrial metals. Other base metals also slumped. China Sells Stockpiled Zinc at Below-Market Prices; Prices Drop China, the world’s biggest metals consumer, sold almost all the zinc on offer from state reserves at below-market prices in the latest auctions held in an attempt to curb price gains. Shanghai futures fell by the daily limit. Aluminum Stockpiles to Remain Tight, United Co. Rusal Says United Co. Rusal said it expects aluminum stocks to remain tight for the “foreseeable future,” with premiums supported at current levels, according to a statement from the company to the Hong Kong stock exchange today. Copper May Drop After Advancing to Record Price, Survey Shows Copper may drop as investors judge that the metal’s climb to a record level leaves prices no longer reflecting the outlook for demand, a survey showed. Deutsche’s Choi Says ETFs May Boost Copper, Lead Prices: Video Soozhana Choi, Singapore-based Asia head of commodities research at Deutsche Bank AG, talks about the outlook for metals and the potential impact of exchange-traded funds. MINING: Rusal Says Third-Quarter Profit Falls 55% on Derivatives United Co. Rusal, the world’s largest aluminum producer, posted a 55 percent drop in third-quarter profit as the value of embedded derivatives fell. Kepco Ends Talks With Berkeley Resources on Uranium Project Korea Electric Power Corp., South Korea’s biggest electricity producer, said it ended discussions with Berkeley Resources Ltd. on buying a stake in the Australian uranium explorer’s Salamanca project. PRECIOUS METALS: Gold, Silver Drop as European Debt Concerns Drive Dollar Higher Gold fell for the first time in three days as concern that some European governments are struggling to finance themselves boosted the dollar against the euro, eroding the metal’s appeal as an alternative asset. Vietnam May Impose Gold Export Tariff at 20%, Thoi Bao Reports Vietnam’s ministry of finance has been seeking opinions from relevant ministries on a plan to impose a gold export tariff at 20 percent, Thoi Bao Kinh Te Vietnam newspaper reported without saying where it got the information. Gold May Advance as European Debt Woes Spur Demand, Survey Shows Gold may advance as European debt concerns boost demand for bullion as a protection of wealth, a survey found. AGRICULTURE: Corn Declines on Speculation U.S. Farmers to Boost Planting Corn futures dropped for a fifth day, set for a first weekly decline in three, on speculation that the U.S., the largest grower and exporter, may boost planting of the crop next year, easing global supply concerns. Rubber Slumps From 30-Year High as China May Curb Inflation Rubber in Tokyo slumped from a 30-year high while futures in Shanghai tumbled by the daily limit amid concern that China, the largest user, may take additional steps to curb inflation. Orange Juice May Decline 10%, Infinity Says: Technical Analysis Orange-juice futures , up 21 percent this year, may drop almost 10 percent, according to a technical analysis by Infinity Trading Corp., a Medford, Oregon-based brokerage. N.Z. May Be Unable to Eradicate Kiwifruit Disease, Minister Says A vine disease threatening New Zealand’s NZ$1.4 billion ($1.1 billion) kiwifruit industry may be difficult to eradicate because it is airborne and easily spread, Biosecurity Minister David Carter said. Sugar May Decline as EU Plans to Increase Exports, Survey Shows Sugar futures may decline as the European Union plans to increase exports and lift import duties, according to a survey. ECONOMIES: G-20 Back Gradual Currency Moves, Early-Warning System on Trade Group-of-20 leaders endorsed gradual changes in currency values and agreed to develop early-warning indicators to monitor policies that exacerbate trade imbalances and threaten to disrupt the global economy, officials said. Japan GDP Probably Peaked Last Quarter as Yen Weighed on Growth Japan’s expansion may slow toward the end of this year after getting a temporary boost in the third quarter as a surging yen crimps exports and fading stimulus measures force consumers to pare outlays. Yuan Leads Asia Gains on Inflation, G-20 Pressure: China Credit China is allowing the yuan to lead Asian currency gains this week as it struggles to contain the fastest inflation in two years and faces calls for more balanced global trade at a Group of 20 nations’ summit. OTHER MARKETS: ECB’s Trichet Is Buyer of Only Resort as Debt Crisis Worsens European Central Bank President Jean-Claude Trichet is the buyer of only resort as the euro area’s bond market melts down. China Diesel Squeeze Lifts Refining Profit, Oil: Energy Markets China’s drive to curb energy use is exacerbating a shortage of diesel, sending refining profits to a three-month high and raising the likelihood that oil will trade at $100 a barrel in coming months. Oil Drops From Two-Year High as Equities Slide, Dollar Rises Oil declined from a two-year high in New York as Asian equities dropped and a strengthening dollar curbed investor demand for commodities. To contact the reporter on this story: Chanyaporn Chanjaroen in Singapore at cchanjaroen@bloomberg.net To contact the editor responsible for this story: James Poole at jpoole4@Bloomberg.net

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