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Materials Up as Trade-War Fears Fade -- Materials Roundup

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05/14/2019 | 04:28pm EDT

Producers of metals and other raw materials rose as trade-war fears subsided. In a good sign for dollar-sensitive sectors like commodities, another round of inflation data showed muted price increases. Import prices rose 0.2% in April from the previous month, the Labor Department said Tuesday, well shy of economists' expectations. BHP executives have decided that the mining giant's Australian nickel deposits are no longer for sale, a bet that demand for the mineral from battery makers would continue to grow. Shares of Germany's Bayer fell after a state jury in California awarded nearly $2.1 billion to a California couple who had sued Monsanto over cancer diagnoses they blamed on the firm's Roundup weed killer, the third loss in a major lawsuit for Monsanto since its acquisition by Bayer.

-Rob Curran, rob.curran@dowjones.com

Stocks mentioned in the article
ChangeLast1st jan.
BAYER AG -1.11% 65.24 Delayed Quote.7.73%
CRB COMMODITY INDEX 0.10% 195.01 End-of-day quote.0.00%
LME NICKEL CASH -4.00% 16325 End-of-day quote.56.37%
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