VINACHEM

The Standard & Poor’s GSCI gauge of24 commodities fell 0.1 percent to 642.17 at 5:05 p.m. Singaporetime. The UBS Bloomberg CMCI index of 26 raw materials dropped0.1 percent to 1,534.107.

CRUDE OIL

West Texas Intermediate crude fell for a third day after areport showed money managers cut their bets prices will rise. Libya halted some oil production and natural gas shipments amidfighting.

WTI for April delivery fell as much as 47 cents to $90.21 abarrel in electronic trading on the New York Mercantile Exchange. It was at $90.28 at 3:40 p.m. Singapore time. Thevolume of all futures traded was 29 percent above the 100-dayaverage. The contract slid 1.5 percent to $90.68 on March 1, thelowest close since Dec. 24. Prices declined 2.6 percent lastweek for a second weekly drop and are down 1.7 percent thisyear.

Brent for April settlement slid 18 cents to $110.22 abarrel on the London-based ICE Futures Europe exchange. Thevolume of all futures traded was 62 percent higher than the 100-day average. The European benchmark grade was at a premium of$19.94 to WTI futures, from $19.72 on March 1.

OIL PRODUCTSAsia fuel oil’s discount to crude shrinks, signaling reducedlosses for refiners making residual products. Naphtha swapsrebound.

• Light Distillates• Singapore naphtha’s discount to London Brent crude widens 8cents to $5.27/bbl as of 12 p.m. Singapore time, according todata compiled by Bloomberg• April Japan naphtha swaps up $3.39 at $913.57/mt• April East-West naphtha spread up $3.61 at $15.02/mt

• Middle Distillates• Gasoil’s premium to Dubai crude up 34 cents at $19.75/bbl• April gasoil swaps up 28 cents at $124.71/bbl• April gasoil swap trades at 87 cents/bbl above May contract• April East-West gasoil spread down 3 cents at $5.75/mt• Jet fuel regrade up 13 cents at 20 cents/bbl discount togasoil• April kerosene swap trades 77 cents/bbl above May contract

• Fuel Oil• Fuel oil’s discount to Dubai crude narrows $1.03 to $5.34/bbl• April 180-cst fuel oil swaps up $6.15 at $632.60/mt• April fuel oil swap trades 9 cents/mt above May contract• Viscosity spread widens 1 cent to $7.50/mt• April East-West fuel oil spread narrows 84 cents to $32.20/mt

BASE METALS

Copper declined for a third day as China called formeasures to cool property prices, curbing demand prospects forindustrial metals. Aluminum fell for an 11th day, the longestlosing streak since June.

Copper for delivery in three months slid as much as 0.4percent to $7,670 a metric ton on the London Metal Exchange andwas at $7,701.75 at 3:56 p.m. in Tokyo. The metal touched $7,652on March 1, the lowest since Nov. 19, and dropped 1.3 percentlast week.

PRECIOUS METALS

Gold rebounded from a one-week low on speculation thatstimulus by central banks around the world will be maintained aseconomic data signaled the global recovery may be losingmomentum. Silver advanced for a second day.

Spot gold rose as much as 0.6 percent to $1,585.02 anounce, and traded at $1,578.73 at 3 p.m. in Singapore, snappinga three-day loss. The metal dropped to $1,564.88 on March 1, thelowest price since Feb. 21, as a strengthening dollar helped tocurb demand. Bullion fell for a fifth month in February, thelongest run of declines since 1997, after investors cutexchange-traded products holdings by the most since April 2008.

Cash silver gained 0.2 percent to $28.645 an ounce, spotplatinum was little changed at $1,572.75 an ounce, and palladiumslipped 0.5 percent to $719.65 an ounce.

GRAINS, OILSEEDS, SOFT COMMODITIES

Wheat snapped a four-day rally after a survey showedreserves in the U.S., the biggest exporter, may be larger than agovernment forecast.

The contract for May delivery lost as much as 0.7 percentto $7.155 a bushel on the Chicago Board of Trade and was at$7.1625 by 4:04 p.m. Singapore time. Futures gained 2.2 percentin the past four sessions as importers boosted purchases of U.S.supplies and on speculation that demand will climb after spotprices became cheaper than corn.

Soybeans for May delivery was little changed at $14.44 abushel. Futures earlier climbed 0.6 percent. Corn for Maydelivery was little changed at $7.095 a bushel.

Rubber declined to the lowest level in more than two monthsamid concern that demand may weaken from China, the largestconsumer, after the government called for more measures to coolproperty prices.

The contract for delivery in August fell 0.1 percent to283.9 yen a kilogram ($3,039 a metric ton), the lowest close forthe most-active contract since Dec. 20, extending this year’slosses to 6.2 percent.

Palm oil climbed for the first time in nine days onspeculation that the worst losing streak since 2006 may stokedemand, cutting reserves in Indonesia and Malaysia, the world’sbiggest producers.

The contract for May delivery climbed as much as 1.3percent to 2,399 ringgit ($773) a metric ton on the MalaysiaDerivatives Exchange, and was at 2,392 ringgit at 11:48 a.m. in Kuala Lumpur. Futures tumbled 6.6 percent last week.