Weak demand from the construction industry has pushed zinc prices to levels which leave some miners with little or no profit and a prolonged period below $2,400 a metric ton is likely to trigger output cuts.
The return of rain to northern Europe should help wheat crops after a hot, dry end to spring and may avert dire yield losses seen in drought-hit Spain, analysts and traders said.
Arabica coffee futures on ICE hit six-month lows on Friday as concerns over supply in top producer Brazil eased, while robusta edged further away from last week's record high.
Norway's Yara is considering two sites for a second North American project which would take advantage of U.S. subsidies and cheap natural gas to make low-carbon "blue" ammonia and export it to Europe, a senior executive said.
Romanian officials are considering measures to give local farmers priority access to the Black Sea port of Constanta during the harvest season, an agriculture ministry source said, which could restrict the flow of Ukrainian grain.
Thai Airways aims to finalise a deal to buy at least 30 new aircraft by the end of the year and could double its fleet of narrow-body jets over the next decade, its chief executive said on Friday.
Shop assistants at Swedish fashion retailer H&M in Spain extended a three-day strike planned in late June to demand pay raises into two more days in early July, unions said on Friday.
Air France KLM sees potential for further expansion in its main Africa region thanks to growing demand, with the continent a strategic priority for the group, executives said on Friday.
Malaysian palm oil futures recovered from three straight sessions of losses on Friday due to higher rival oils such as soyoil, but the contract recorded a 3.18% drop for the week.
Workers at aerospace supplier Spirit AeroSystems were the latest U.S. union employees to reject a contract their leaders negotiated with their employer, joining freight railroad employees, airline pilots and others who are growing more fed up with stagnant pay, high healthcare costs, scanty sick time and uncertain scheduling.
Sri Lanka is set to start bartering tea to Iran next month in lieu of $250 million owed for oil, a Sri Lankan official told Reuters on Friday, as the crisis-hit country tries to lift sales to a key market and protect its forex reserves.
Thailand's rice exports for January-May were at 3.47 million metric tons, up 26.6% from a year earlier, helped by higher global demand and a weaker baht currency, the Commerce Ministry said on Friday.
Malaysian palm oil futures pared back some gains on Friday on early selling after jumping nearly 5% in the morning, when a recovery in soybean oil and a weaker ringgit helped prop prices.
Copper prices in London were set for their first weekly decline in four weeks on Friday, as a firm dollar made greenback-priced metals more expensive to holders of other currencies.
Chicago corn futures edged lower on Friday as traders booked profits after a recent rally over concerns of dry conditions in the key growing areas of the U.S. Midwest, although they were still poised to post weekly gains.
Thailand's rice exports for January-May were at 3.4 million metric tons, up 26.6% from a year earlier, helped by higher demand and a weaker baht currency, the Commerce Ministry said on Friday.
Beijing on Friday upgraded its warning for hot weather to "red" - the highest in a colour-coded alert system - saying most parts of the Chinese capital could roast in temperatures of up to 40 degrees Celsius (104 Fahrenheit).
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