Producers of metals and other raw materials fell sharply, as concerns about demand offset inflation bets.
The price of industrial metals and grains has been steady or higher this month, as traders around the globe anticipate the sector benefiting from inflation.
Copper futures rose this week, but slowing demand is set to coincide with rising supplies, limiting further gains in the first half of this year, said analysts at brokerage BNP Paribas.
BHP Group shareholders backed a proposal to end the company's dual listing in London, as the mining giant seeks more flexibility in its search for deals to boost its exposure to commodities that are set to benefit from the energy transition.
Write to Rob Curran at rob.curran@dowjones.com
(END) Dow Jones Newswires
01-21-22 1624ET
