SM:Commodities daily update: precious metals, base metals, crude oil
- Japan's refined copper exports fell 26 percent in July from a year earlier to 33,254 tonnes, down for a 10th straight month, but the pace slowed from June's 39 percent drop, Ministry of Finance data showed on Tuesday.
- Japan's refined zinc exports for July fell 12 percent from a year earlier to 6,680 tonnes, a slower pace of decline than the previous month as production slowly recovers from the massive earthquake in March.
- China's demand for refined lead is picking up after a fall in consumption in the May to July period, as higher prices spur greater production of lead-acid batteries, industry sources said on Tuesday.
- Qatar, one of OPEC's smallest producers, has notified at least one Asian buyer that it will supply Marine and Land crude at full contracted volumes for October, unchanged from September levels, a trade source said on Tuesday.
- Australia's coal industry, still recovering from record floods at the start of the year, faces the risk of another wet summer unfolding in the months ahead, the country's official forecaster said on Tuesday, after updating its climate outlook.