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Markets - Commodities

Friday, November 22, 2019

CBOT soyabean futures fall
Commodities

CBOT soyabean futures fall

Chicago Board of Trade soyabean futures declined on Wednesday, with the bellwether January contract notching a seven-week low on doubts that the United States and China, the world's top soya buyer, will complete a trade deal this year, traders said.
Published 22 Nov, 2019 12:00am
Agri development can end extreme poverty: World Bank
Commodities

Agri development can end extreme poverty: World Bank

As per the World Bank, agricultural development is one of the most powerful tools to end extreme poverty, boost shared prosperity and feed a projected 9.7 billion people by 2050. In Pakistan, farm output contributes around 18.5 percent to the country's Gr
Published 22 Nov, 2019 12:00am
Setting up of Kisan platforms on the cards
Commodities

Setting up of Kisan platforms on the cards

The Punjab government has chalked out a well-knitted plan costing Rs 21.27 billion for establishing model agriculture markets in the province. Under the programme, Kisan platforms would also be established to facilitate grower.
Published 22 Nov, 2019 12:00am
CBOT wheat futures higher
Commodities

CBOT wheat futures higher

Chicago Board of Trade wheat futures closed higher on Wednesday on technical buying, including short-covering, and worries about declining US crop condition ratings, traders said. CBOT December soft red winter wheat settled up 3-1/2 cents at $5.15-1/2 per
Published 22 Nov, 2019 12:00am
US MIDDAY: Gold slips
Commodities

US MIDDAY: Gold slips

Gold prices eased on Thursday as a report that China has invited top US negotiators for a new round of talks rekindled some hopes regarding the US-China trade deal, but mixed signals on the progress of talks limited bullion's losses.
Published 22 Nov, 2019 12:00am
Paris wheat consolidates three-week high
Commodities

Paris wheat consolidates three-week high

Euronext wheat futures inched down on Wednesday, consolidating near a three-week high struck in the previous session, as traders awaited results from an import tender being held by Algeria. Euronext remained underpinned by export demand, which was also su
Published 22 Nov, 2019 12:00am
Canadian canola futures rise
Commodities

Canadian canola futures rise

ICE Canadian canola futures rose on Wednesday for a fifth straight session, fuelled by price strength in crops that produce vegetable oil, and weakness in the Canadian dollar. Canola's gains were limited by slowing production at some Canadian crushing pla
Published 22 Nov, 2019 12:00am
CBOT corn futures fall
Commodities

CBOT corn futures fall

Chicago Board of Trade corn futures fell on Wednesday, with the benchmark December contract touching its lowest in two months on harvest pressure and renewed doubts that a US-China trade deal will be completed this year, traders said.
Published 22 Nov, 2019 12:00am
Arabica coffee jumps
Commodities

Arabica coffee jumps

ICE arabica coffee futures hit a 4-1/2 month high on Thursday as funds covered their short positions amid tightening supplies, while sugar prices slipped. March arabica coffee rose 3 cents, or 2.8%, to$1.1400 per lb at 1451 GMT, having hit its highest lev
Published 22 Nov, 2019 12:00am
Copper slips as US support for HK protesters fans trade fears
Commodities

Copper slips as US support for HK protesters fans trade fears

Copper prices fell on Thursday after US legislation supporting protesters in Hong Kong increased concerns that a US-China trade deal would be delayed. Benchmark copper on the London Metal Exchange (LME) traded down 0.8% at $5,830.50 a tonne in official ri
Published 22 Nov, 2019 12:00am
Palm oil snaps three-day rally
Commodities

Palm oil snaps three-day rally

Malaysian palm oil futures snapped a three-day rally on Thursday, slipping from a two-year high hit earlier in the session due to fall in rival oils and profit taking by traders, but a weaker ringgit capped losses.
Published 22 Nov, 2019 12:00am
Gold little changed in New York
Commodities

Gold little changed in New York

Gold held steady on Wednesday in the wake of the release of the minutes from the US Federal Reserve's October meeting, while report of a delay in US-China "phase one" trade deal offered support to the safe-haven metal.
Published 22 Nov, 2019 12:00am
Gold steadies in Asia
Commodities

Gold steadies in Asia

Gold prices held steady on Thursday, supported by concerns that US legislation on Hong Kong could increase tensions between the United States and China and delay an interim trade deal. Spot gold was little changed at $1,470.75 per ounce by 0746 GMT. US go
Published 22 Nov, 2019 12:00am
Gold eases in Europe
Commodities

Gold eases in Europe

Gold prices on Thursday eased from the last session's two-week high after a report that China has invited top US negotiators for a new round of face-to-face talks, and is seeking to reach an initial trade agreement with the United States.
Published 22 Nov, 2019 12:00am
US MIDDAY: Soya futures fall
Commodities

US MIDDAY: Soya futures fall

US soyabean futures fell to their lowest in almost two months on Thursday, weighed partly by slow progress in U.S-China trade talks, before rebounding as the dollar weakened. Chicago corn and wheat prices edged up.
Published 22 Nov, 2019 12:00am
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