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Vale shares fell about 0.5% in New York trading near their yearly low, according to a market wrap dated November 13. The page is mostly a ticker list of Latin American equities and currencies, with the Brazilian real at 5.67 per dollar and Brazil's Selic rate at 13.75%.
Iron ore is not a feed commodity, so the move has little direct effect on feed supply or prices. Weakness in Vale shares mainly reflects expectations for Chinese steel demand and Brazilian mining.
Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.