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India Net Polished Exports $553M in April

Gross exports of polished diamonds from India continue to grow, rising 5.5% year over year. In April the country exported nearly 5 million carats worth $2.05 billion, according to the latest figures published by the GJEPC.

Glencore IPO expected to boost appeal of Hong Kong as a mining destination

Commodities trader Glencore's bumper public offering has increased interest in Hong Kong listings from across the mining sector and will prove a welcome boost to the bourse, a senior executive at the exchange said. The world's largest diversified commodities trader is set to make its market debut in London and Hong Kong next week, in what could be a record listing, with Glencore [GLEN.UL] hoping to raise $11 billion.

Copper jumps 2.7pc on cautious demand

Click here to read the whole story or read an excerpt below. By Matt Day COPPER futures ended above $US4 a pound today for the first time in more than a week on indications that steep price declines have boosted demand for the industrial metal. The