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Markets - Commodities

Wednesday, November 27, 2019

Russian wheat prices up with higher demand
Commodities

Russian wheat prices up with higher demand

Russian wheat prices recorded a second consecutive weekly rise last week amid higher export demand and lower domestic supply caused by concerns about the 2020 crop in Russia and Ukraine, analysts said on Monday.
Published 27 Nov, 2019 12:00am
CBOT wheat climbs to one month high
Commodities

CBOT wheat climbs to one month high

Chicago Board of Trade wheat futures rose about 3% on Monday, with the spot December contract reaching its highest level in a month on a mix of short-covering and support from firming US and global cash prices, traders said.
Published 27 Nov, 2019 12:00am
CBOT soyabean futures fall to two-month low
Commodities

CBOT soyabean futures fall to two-month low

Chicago Board of Trade soyabean futures ended lower on Monday as uncertainty about US trade talks with top global soya buyer China and improving South American crop weather overshadowed strong weekly US export inspections, traders said.
Published 27 Nov, 2019 12:00am
US MIDDAY: Gold edges off two-week lows
Commodities

US MIDDAY: Gold edges off two-week lows

Gold edged higher from a two-week low hit earlier on Tuesday after data showed US consumer confidence slipped in November, with investors eager for more details on the long-awaited trade agreement between the United States and China.
Published 27 Nov, 2019 12:00am
Zimbabwe scraps import controls on maize, wheat flour
Commodities

Zimbabwe scraps import controls on maize, wheat flour

Zimbabwe has removed import controls on maize and wheat flour following a severe drought that cut supplies, a cabinet minister said on Thursday. More than half of Zimbabwe's population requires food aid following an El Nino-induced drought that also reduc
Published 27 Nov, 2019 12:00am
Palm oil posts steepest intraday drop in nearly 7 months
Commodities

Palm oil posts steepest intraday drop in nearly 7 months

Malaysian palm oil futures slumped about 3.6% on Tuesday, their biggest intraday drop in nearly seven months, as weaker rival oils on China's Dalian Commodity Exchange and expectations of lower imports by key buyer India weighed on sentiment.
Published 27 Nov, 2019 12:00am
FranceAgriMer increases wheat export forecast again
Commodities

FranceAgriMer increases wheat export forecast again

Farm office FranceAgriMer on Wednesday increased its forecast of French soft wheat exports for a second month in a row, adding to expectations that France is benefitting from a big harvest and reduced Russian competition to gain market share overseas.
Published 27 Nov, 2019 12:00am
US MIDDAY: gold slides in New York
Commodities

US MIDDAY: gold slides in New York

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.
Published 27 Nov, 2019 12:00am
US MIDDAY: gold recovers in Asia
Commodities

US MIDDAY: gold recovers in Asia

Gold prices recovered from two-week lows on Tuesday to trade higher as doubts resurfaced about the progress of trade talks between China and the United States.
Published 27 Nov, 2019 12:00am
US MIDDAY: Gold rises in Europe
Commodities

US MIDDAY: Gold rises in Europe

Gold prices edged higher from a two-week low hit earlier on Tuesday, as equities retreated from multi-year highs, with investors awaiting more details on the imminent trade agreement between the United States and China.
Published 27 Nov, 2019 12:00am
US MIDDAY: soya futures tumble
Commodities

US MIDDAY: soya futures tumble

US soyabean futures fell to their lowest in more than two months on Tuesday on a mix of technical selling and export competition from South American supplies, traders said.
Published 27 Nov, 2019 12:00am
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