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Markets - Commodities

Saturday, November 9, 2019

US MIDDAY: Gold hits 3-month low
Commodities

US MIDDAY: Gold hits 3-month low

Gold extended losses to a three-month low on Friday as positive developments in US-China trade tarnished the metal's safe-haven appeal, putting it on track for the biggest weekly decline in three years.
Published 09 Nov, 2019 12:00am
Corn up, soyabeans drop
Commodities

Corn up, soyabeans drop

US corn futures firmed on Friday after the US Department of Agriculture lowered its US yield and harvest forecasts in a monthly crop report, though gains were kept in check by worries about weak demand.
Published 09 Nov, 2019 12:00am
Palm oil extends gains
Commodities

Palm oil extends gains

Malaysian palm oil futures closed more than 2% higher on Friday, extending a winning streak to six consecutive weeks, after an industry body forecast a lower-than-expected rise in production and as the ringgit weakened.
Published 09 Nov, 2019 12:00am
Tokyo rubber falls
Commodities

Tokyo rubber falls

Tokyo Commodity Exchange (TOCOM) futures slipped on Friday, snapping a 3-day rally, as investors took profits ahead of the weekend, while weaker Shanghai futures also dented sentiment.
Published 09 Nov, 2019 12:00am
China's Dalian iron ore futures turn lower
Commodities

China's Dalian iron ore futures turn lower

Benchmark Dalian iron ore futures declined on Thursday, tracking weak physical prices on rising inventories at China's ports, though losses were limited due to restocking demand from some steel mills.
Published 09 Nov, 2019 12:00am
Dry weather to damage Argentine wheat crop
Commodities

Dry weather to damage Argentine wheat crop

Wheat in the south of Argentina's agricultural area could suffer further yield damage if it does not receive significant rainfall over the days ahead, the Buenos Aires Grains Exchange said in its weekly crop report on Thursday.
Published 09 Nov, 2019 12:00am
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