TMC - Materials Sector Weekly Round-up: AMR Bioceres top list; TMC Intrepid Potash among losers

The S&P Materials index closed this trading week in green at +1.18%, and the Materials Select Sector SPDR (XLB) was marginally up +0.35%. Gold futures finished higher Friday but posted its worst monthly performance in seven months, after the ICE U.S. Dollar Index touched its highest level in more than five years on Thursday. June Comex gold (XAUUSD:CUR) closed the week at $1,911.70/oz, down 1.2% for the week with the dollar rising strongly, attributed "to the steep selloff in the equity markets," according to Peter Cardillo, chief market economist at Spartan Capital Securities. Benchmark three-month aluminum on the London Metal Exchange (LME) were set for their biggest monthly fall in more than 13 years on Chinese demand concerns. On Friday, LME aluminum fell 0.6% to $3,015 a tonne. The shortfall in aluminum inventories in LME-tracked warehouses - which are at their lowest level since 2005 - has increased following Russia's invasion of

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Materials Sector Weekly Round-up: AMR, Bioceres top list; TMC, Intrepid Potash among losers