Financial markets

Materials Edge Lower As Traders Hedge on Inflation — Materials Roundup

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Producers of metals and other raw materials fell, but not by as much as the broad market, as traders rotated into sectors thought to benefit from inflation.
Wheat futures rose after cold temperatures hit the Northern Plains, jeopardizing the planting season, and as concerns about Ukrainian planting levels persisted.
Canadian miner Copper Mountain Mining fell sharply after it said it produced nearly half as much as it did a year earlier due mainly to lower mill feed grade and reduced mill throughput in the period.

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