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Archive

Markets - Commodities

Saturday, November 23, 2019

US MIDDAY: Gold pares gains
Commodities

US MIDDAY: Gold pares gains

Gold prices pared gains on Friday as the dollar and Treasuries strengthened after data showed US manufacturing output and services activity picked up, limiting demand for the yellow metal. Spot gold was up 0.2% at $1,467.08 per ounce at 11:06 a.m. ET (160
Published 23 Nov, 2019 12:00am
US MIDDAY: Soya dips below $9
Commodities

US MIDDAY: Soya dips below $9

US nearby soyabean futures fell below $9 a bushel on Friday for the first time in nearly two months, pressured by improving crop weather in South America along with fears that an interim Sino-US trade deal could be pushed back to next year, analysts said.
Published 23 Nov, 2019 12:00am
Gold rises in Europe
Commodities

Gold rises in Europe

Gold prices were on track for a second straight weekly gain on Friday, as uncertainties about the fate of a "phase one" trade deal between the United States and China lingered.
Published 23 Nov, 2019 12:00am
Gold gains in Asia
Commodities

Gold gains in Asia

Gold firmed on Friday as doubts persisted over the prospects of an interim trade deal being struck between United States and China this year, while supply-squeezed palladium was en route to its best week in 10.
Published 23 Nov, 2019 12:00am
Gold dips in NY
Commodities

Gold dips in NY

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 23 Nov, 2019 12:00am
Asia sticks with Argentina for Q1 wheat supply
Commodities

Asia sticks with Argentina for Q1 wheat supply

Argentina is set to dominate Asia's grain market for a second consecutive year in 2020, with trading companies already buying significant volumes anticipating first-quarter demand in the region as drought curbs output in traditional export powerhouse Aust
Published 23 Nov, 2019 12:00am
Palm oil jumps to over two years high
Commodities

Palm oil jumps to over two years high

Palm oil futures touched a more than two-year high on Friday, lifted by prospects of lower production and stockpiles, and costlier soyaoil on the Chicago Board of Trade, but cheaper rival oils on the Dalian capped gains.
Published 23 Nov, 2019 12:00am
Tokyo rubber hits 4-1/2 month high
Commodities

Tokyo rubber hits 4-1/2 month high

Tokyo Commodity Exchange (TOCOM) futures edged higher on Friday, hitting an over 4-1/2-month high, as strong tyre demand for trucks in China supported Shanghai futures and amid concerns over spreading fungal disease in Thailand.
Published 23 Nov, 2019 12:00am
Euronext wheat futures edge lower
Commodities

Euronext wheat futures edge lower

Euronext wheat futures edged lower on Thursday, curbed by weakness in Chicago and uncertainty created by news that France's top export market Algeria plans to reduce its wheat imports. Benchmark December milling wheat on the Paris-based Euronext exchange
Published 23 Nov, 2019 12:00am
CBOT soyabean futures fall to two months low
Commodities

CBOT soyabean futures fall to two months low

Chicago Board of Trade soyabean futures fell to their lowest level in almost two months on Thursday as uncertainty about progress in U.S-China trade talks overshadowed support from stronger-than-expected weekly US export sales, traders said.
Published 23 Nov, 2019 12:00am
CBOT wheat futures lower
Commodities

CBOT wheat futures lower

Chicago Board of Trade wheat futures closed lower on Thursday on technical selling and profit-taking a day after the December contract reached $5.19-1/2 a bushel, its highest since November 7. CBOT December soft red winter wheat settled down 6-1/2 cents a
Published 23 Nov, 2019 12:00am