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Archive

Markets - Commodities

Thursday, November 21, 2019

Copper touches one-week high as China cuts rates
Commodities

Copper touches one-week high as China cuts rates

Copper prices touched one-week highs on Wednesday after top consumer China cut interest rates to shore up growth, and on hopes the country's trade dispute with the United States could move towards a resolution.
Published 21 Nov, 2019 12:00am
CBOT soyabean futures up
Commodities

CBOT soyabean futures up

Chicago Board of Trade soyabean futures closed modestly higher on Tuesday on technical buying, a sluggish US harvest pace and spillover strength from wheat and corn, traders said.
Published 21 Nov, 2019 12:00am
Paris wheat futures rise hitting highest three weeks
Commodities

Paris wheat futures rise hitting highest three weeks

European wheat futures in Paris rose on Tuesday, hitting their highest in around three weeks, supported by a rebound in US futures in Chicago and expectations of fresh export sales for French wheat in Algeria's international purchase tender this week.
Published 21 Nov, 2019 12:00am
CBOT corn futures higher
Commodities

CBOT corn futures higher

Chicago Board of Trade corn futures ended higher on Tuesday, rebounding from a two-month low set a day earlier, supported by signs of improving export demand and a slow US harvest pace, traders said.
Published 21 Nov, 2019 12:00am
Chinese iron ore futures reverse early losses
Commodities

Chinese iron ore futures reverse early losses

Chinese iron ore futures recouped early losses to extend their rally into a sixth straight session on Tuesday as steel prices stretched gains amid shrinking inventories and possible fresh output restrictions to curb air pollution.
Published 21 Nov, 2019 12:00am
US MIDDAY: Gold slips
Commodities

US MIDDAY: Gold slips

Gold fell on Wednesday, retreating from a two-week high hit earlier in the session, after the United States started issuing licenses for some companies to supply goods to Chinese firm Huawei, rekindling hopes for trade negotiations that had shown signs of
Published 21 Nov, 2019 12:00am
Tokyo rubber hits near 4-month high
Commodities

Tokyo rubber hits near 4-month high

Tokyo Commodity Exchange (TOCOM) futures hit a nearly 4-month high on Wednesday, despite lack of clarity on a US-Sino trade deal, as sharp gains in Shanghai futures prompted fresh buying.
Published 21 Nov, 2019 12:00am
Palm oil jumps to over 3-year high
Commodities

Palm oil jumps to over 3-year high

Malaysian palm oil futures rose 2.5% and touched their highest price in more than three years on Wednesday, as supply outlook for the edible oil in 2020 dimmed and prices of rival oils surged.
Published 21 Nov, 2019 12:00am
Raw sugar climbs on slow India output
Commodities

Raw sugar climbs on slow India output

ICE raw sugar futures rose on Wednesday, boosted partly by a slow start to the 2019/20 cane crushing season in India, while arabica and robusta coffee gained as funds scaled back bearish positions.
Published 21 Nov, 2019 12:00am
Gold rebounds in New York
Commodities

Gold rebounds in New York

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.
Published 21 Nov, 2019 12:00am
Gold gains in Asia
Commodities

Gold gains in Asia

Gold prices firmed on Wednesday as trade and political tensions ratcheted up between United States and China, while investors awaited minutes from the US Federal Reserve's October meeting.
Published 21 Nov, 2019 12:00am
Gold steadies in Europe
Commodities

Gold steadies in Europe

Gold steadied on Wednesday, having touched a two-week high earlier in the session on souring US-China trade relations, as investors awaited further clues on the US Federal Reserve's monetary policy from the minutes of its October meeting.
Published 21 Nov, 2019 12:00am
US MIDDAY: Soya, corn fall
Commodities

US MIDDAY: Soya, corn fall

US corn futures fell to a two-month low and soyabean futures hit a seven-week low on fading expectations for a US-China trade deal before the end of the year, analysts said.
Published 21 Nov, 2019 12:00am