Producers of metals, grains and other raw materials fell amid ongoing concerns about inflation.
Copper futures closed at an all-time high Wednesday as a confluence of supply-side issues has led to shortages, The Wall Street Journal reported. Sulfuric acid, a critical component in copper refining, is one of the lesser known commodities affected by shipping disruptions in the Strait of Hormuz. China also has placed restrictions on exports of the chemical.
Copper futures slipped 1% on Thursday.
Write to Rob Curran at rob.curran@dowjones.com
(END) Dow Jones Newswires
05-14-26 1739ET
