Producers of metals and other raw materials were flat as a weaker-than-anticipated jobs report was seen as easing pressure on the Federal Reserve to hike rates.
Employers added 199,000 jobs in December, below average monthly jobs growth of 537,000 in 2021, the Labor Department said.
The price of uranium was boosted by unrest in Kazakhstan, the world's largest producer of the nuclear fuel. The violence in Kazakhstan could also affect the ferrochrome market, where Kazakh mining company Eurasian Resources Group commands a 12% share of global production, said analysts at brokerage Morgan Stanley Should Eurasian Resources' supplies be disrupted, Finnish rival Outokumpu could be a beneficiary, the analysts said.
Brazilian coffee exports are likely to be hampered for months by the ongoing shortage of shipping containers that is having an impact on supply chains around the world, said Henrique Cambraia, the new president of the Brazil Specialty Coffee Association, or BSCA.
Write to Rob Curran at rob.curran@dowjones.com
(END) Dow Jones Newswires
01-07-22 1628ET
