Summary Box: Coffee prices rise after tropical storm batters Guatemala, El Salvador
By APTuesday, June 1, 2010
Summary Box: Coffee climbs after tropical storm
COFFEE RISES: The price of coffee rose as investors worried that a recent tropical storm that hit Guatemala and El Salvador could cut into production or delivery of the crop.
GOLD CLIMBS AGAIN: Gold got another boost from a weakening euro. The euro touched a new four-year low of $1.2112 early in the day, and sent investors into alternatives for the battered currency.
COPPER FALLS: The price of copper dipped after a report showed the Chinese manufacturing sector slowed last month. China is the world’s largest importer of copper.
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