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Markets - Commodities

Wednesday, November 20, 2019

CBOT soyabean futures down
Commodities

CBOT soyabean futures down

Chicago Board of Trade soyabean futures closed lower on Monday on forecasts for improving South American crop weather along with uncertainty about prospects for a US-China trade deal, analysts said.
Published 20 Nov, 2019 12:00am
Russian wheat prices rise on major Egyptian purchase
Commodities

Russian wheat prices rise on major Egyptian purchase

Russian wheat prices rose last week as Egypt, the largest buyer of grain from the country, made a major purchase, industry analysts said on Monday, adding that Siberian local prices saw an unusual spike due to demand from Kazakhstan.
Published 20 Nov, 2019 12:00am
US MIDDAY: Gold rebounds
Commodities

US MIDDAY: Gold rebounds

Gold on Tuesday pared losses to scale a one-week peak as Wall Street eased from record highs on US political uncertainties and somber earnings, while markets awaited more cues on the Federal Reserve's monetary policy. Spot gold edged up 0.3% to $1,474.65
Published 20 Nov, 2019 12:00am
Copper rises, but gains limited
Commodities

Copper rises, but gains limited

Copper rose on Tuesday on hopes that the United States and China could reach a trade deal, but gains were capped by concerns that a full agreement was some way off.
Published 20 Nov, 2019 12:00am
New York cocoa steadies after hitting 1-1/2 years high
Commodities

New York cocoa steadies after hitting 1-1/2 years high

New York cocoa futures on ICE steadied on Tuesday, having hit a 1-1/2 year high in the previous session on nearby supply tightness, while raw sugar prices remained range bound. March New York cocoa was up $5, or 0.2%, at $2,669 a tonne by 1452 GMT after h
Published 20 Nov, 2019 12:00am
Tokyo rubber hits over 3-1/2-month high
Commodities

Tokyo rubber hits over 3-1/2-month high

Tokyo Commodity Exchange (TOCOM) futures inched higher on Tuesday, hitting an over 3-1/2-month high, as investors hoped that China's surprise rate cut would help bolster economy in the world's top rubber consumer. TOCOM's rubber contract for April deliver
Published 20 Nov, 2019 12:00am
Malaysian palm oil rises on stronger rival oils
Commodities

Malaysian palm oil rises on stronger rival oils

Malaysian palm oil futures rose 1% on Tuesday, recovering from two consecutive sessions of losses, tracking strength in rival oils and weakness in ringgit. The benchmark palm oil contract on the Bursa Malaysia Derivatives Exchange extended gains closed at
Published 20 Nov, 2019 12:00am
Gold edges higher in New York
Commodities

Gold edges higher in New York

Gold edged up on Monday, erasing losses from earlier in the session as fresh doubts over a US-China trade deal pushed Wall Street into the red. Spot gold was up 0.3% at $1,471.92 per ounce as of 01:51 p.m. ET (1851 GMT), reversing course from earlier when
Published 20 Nov, 2019 12:00am
Gold steadies in Asia
Commodities

Gold steadies in Asia

Gold held steady on Tuesday, after hitting its highest since Nov. 7 earlier in the session, as doubts about a trade deal between the United States and China dented risk sentiment. Spot gold was little changed at $1,471.90 per ounce as of 0559 GMT.
Published 20 Nov, 2019 12:00am
Gold eases in Europe
Commodities

Gold eases in Europe

Gold prices were subdued on Tuesday as Washington granted an extension for US companies to continue doing business with Chinese company Huawei, a move that markets took as a sign of progressing US-China trade relations.
Published 20 Nov, 2019 12:00am
US MIDDAY: Wheat futures climb
Commodities

US MIDDAY: Wheat futures climb

US wheat futures hit their highest in nearly a week on Tuesday as declining US wheat condition ratings and worries about Southern Hemisphere crop prospects fueled a round of short-covering, analysts said.
Published 20 Nov, 2019 12:00am
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