- U.S. existing home sales fell 16.7% MoM
- The Dallas Fed regional index of manufacturing rose from 3.2 to 8.3
- (Bloomberg) -- Copper may rise to a record $10,000 a metric ton this year, driven by industrial demand in China and rising commodity investments to hedge inflation, said Shen Haihua, an investment manager at HFZ Capital Management Ltd.
- Canada’s lumber production fell 14% YoY.
- (FT) China has experienced the strongest growth in scientific research over the past three decades of any country.
- Sugar rose above 30 cents a pound in intraday trading on news that Indonesia is expecting a 530,976-metric-ton production shortfall at the end of April.
- Indonesia's state plantation company PT Perkebunan Nusantara IX has bought 46,000 metric tons of white sugar at $822/ton -- to arrive no later than April 7.
- More than half a million hectares of Philippine rice lands are threatened by an El Nino-induced dry spell, the Philippine Department of Agriculture said Tuesday. Drier-than-usual conditions have already been noted in some areas, and based on assessment by the department
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