Precious: Gold may fall as some investors sell the metal for cash to cover losses in other markets after global equities slumped on concern that economic growth in the U.S. is slowing and the sovereign-debt crisis in Europe is worsening. Immediate-delivery gold traded little changed at $1,880.70 at 9:46 a.m. Singapore time after swinging between gains and losses of 0.5 percent. The metal reached a record $1,913.50 on Aug. 23. Base: Copper in London traded little changed at $9,136 a metric ton after declining yesterday for the first time in seven days after export orders slid in China, the world’s biggest consumer of the metal. A Chinese manufacturing index released by HSBC Holdings Plc showed a preliminary reading for August of 49.8, compared with the final 49.3 for July. Imports of refined copper by China, the world’s largest user, rose for a second month in July, customs data showed yesterday. Crude Oil: Oil dropped in New York, trimming a second weekly gain, as investors speculated a U.S. jobs report will signal the economy is weakening, curbing fuel demand in the world’s biggest crude consumer. A tropical depression shut rigs in the Gulf of Mexico. Brent oil for October settlement was at $114.10, down 19 cents, on the London-based ICE Futures Europe exchange. Natural gas too dropped due to weather problems relieved again and forecasts of higher cooling demand in the U.S. West that would spur the need for the fuel to power air-conditioner. It’s probably a little bit tighter supply in the province at the moment because of field maintenance, and maybe there’s a little bit of fiscal short covering by traders. Edible Oil: Palm oil has opened firm note today, while CBOT electronic session is also in positive zone • Grains: negative balance in the Chicago Stock Exchange; The new soybean was negotiated down. Their prices ranged from 313 to 318 dollars per ton, with losses of $ 5. Argentina: FOB quote of August Delivery soy degum was at $1256 per ton, up by 3 from previous day. Palm oil may slump to as low as 2,800 ringgit ($952) per metric ton in September as output jumps in Malaysia and Indonesia, the world’s two largest growers, according to Dorab Mistry, director of Godrej International Ltd. Indian edible oilseeds may open high and also likely to trade higher. Pulses: Guar prices in mandies again correcting lower after the recent strong appreciation of prices. Better acreage covered under guar and high prices are putting ration on demand for the guar products to result in lower prices. Spices: Chilly prices are showing sign of weakness after limited off take in the market. Turmeric Prices too seems to move further lower. Jeera prices are likely to correct from current levels. Pepper prices seem to move lower in near term.

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