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Archive

Markets - Commodities

Tuesday, November 26, 2019

Vietnam's coffee prices fall, Indonesia trade tepid
Commodities

Vietnam's coffee prices fall, Indonesia trade tepid

Vietnam's domestic coffee prices fell slightly this week tracking the global market, while trade in Indonesia remained tepid due to depleted stocks, traders said on Thursday. Farmers in the Central Highlands, Vietnam's largest coffee-growing area, sold co
Published 26 Nov, 2019 12:00am
Algeria buys about 500,000 tonnes of wheat
Commodities

Algeria buys about 500,000 tonnes of wheat

Algeria's state grains agency OAIC purchased about 500,000 tonnes of milling wheat in an international tender that closed on Wednesday, European traders said on Thursday. OAIC was thought to have paid about $223-$224 a tonne, cost and freight (c&f), with
Published 26 Nov, 2019 12:00am
Canadian canola futures firm
Commodities

Canadian canola futures firm

ICE Canadian canola futures firmed on Friday, finding technical support after breaking a five-session winning streak on Thursday. The benchmark January contract turned higher after briefly dipping below its 20-day moving average. The contract then rose ab
Published 26 Nov, 2019 12:00am
CBOT soyabean futures lower
Commodities

CBOT soyabean futures lower

Chicago Board of Trade soyabean futures closed lower on Friday, with the front contract falling below the $9-a-bushel mark for the first time in nearly two months, pressured by improving crop weather in South America and uncertainty about a US-China trade
Published 26 Nov, 2019 12:00am
US MIDDAY: Gold falls
Commodities

US MIDDAY: Gold falls

Gold fell for a fourth straight session on Monday, hitting a two-week low as investors' appetite for riskier assets increased on renewed optimism that a resolution to the protracted US-China trade conflict will soon be reached. Spot gold fell 0.4% to $1,4
Published 26 Nov, 2019 12:00am
Trade war optimism, inventory plunge push copper up
Commodities

Trade war optimism, inventory plunge push copper up

Copper prices rose on Monday after positive comments from the United States and China on the progress of trade talks and a sharp decline in available stocks in London Metal Exchange (LME) warehouses. Benchmark copper on the LME ended 0.2% up at $5,868 a t
Published 26 Nov, 2019 12:00am
Tokyo rubber rises on strong Shanghai futures
Commodities

Tokyo rubber rises on strong Shanghai futures

Tokyo Commodity Exchange (TOCOM) futures rose on Monday, tracking firm Shanghai futures. TOCOM's rubber contract for April delivery finished 0.6 yen ($0.0055) higher at 187.6 yen per kg. The most-active rubber contract on the Shanghai futures exchange for
Published 26 Nov, 2019 12:00am
Malaysian palm oil slips further as exports fall
Commodities

Malaysian palm oil slips further as exports fall

Malaysian palm oil futures fell on Monday, retreating from a two-year high hit in the previous session, as exports of the commodity fell. However, costlier palm oil on the Dalian Commodities Exchange and a weaker ringgit put a floor under prices.
Published 26 Nov, 2019 12:00am
Arabica coffee hits one-year high as supplies tighten
Commodities

Arabica coffee hits one-year high as supplies tighten

ICE arabica coffee futures climbed to a one-year high on Monday, boosted by tightening supplies, while producer selling helped to stall the recent run-up in raw sugar prices. March arabica coffee futures were up 1.15 cents, or 1%, at $1.1680 per lb at 151
Published 26 Nov, 2019 12:00am
Gold slips in Asia
Commodities

Gold slips in Asia

Gold fell to a one-week low on Monday after the United States and China expressed willingness to sign an initial trade deal by the year-end, lifting demand for riskier assets and boosting the dollar. Spot gold eased 0.2% to $1,459.16 per ounce by 0728 GMT
Published 26 Nov, 2019 12:00am
Gold slides to two-week low in Europe
Commodities

Gold slides to two-week low in Europe

Gold fell for a fourth straight session on Monday, hitting a two-week low as investors' appetite for riskier assets increased on renewed optimism that a resolution to the long-drawn US-China trade conflict will soon be reached.
Published 26 Nov, 2019 12:00am
US MIDDAY: Wheat climbs
Commodities

US MIDDAY: Wheat climbs

US wheat futures climbed to a one-month high on Monday on firm domestic cash values and signs of rising global cash prices, traders said. Corn futures followed wheat higher but soyabean futures fell, with the benchmark January contract hitting its lowest
Published 26 Nov, 2019 12:00am