Volatility is a feature of the marijuana sector, where stock prices have pulled back.
A new banking bill may give cannabis investors hope. Vale and Rio both maintained their forecasts for full-year production, though a slower-than-expected recovery at Vale could see the market reset its expectations, he said.
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Rio cautioned that its guidance for annual output of up to million tons was subject to logistical risks associated with bringing 90 million tons of replacement mine capacity on stream. It also said that Tropical Cyclone Seroja had impacted its Pilbara mine and port operations in April.
Prices in Dalian gained as much as 4. Steel prices in China finished the quarter at decade highs as construction activity and demand in the first quarter exceeded both andRio said. For more articles like this, please visit us at bloomberg.]
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