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Archive

Markets - Commodities

Thursday, November 28, 2019

Ivory Coast needs more rain to help cocoa conditions
Commodities

Ivory Coast needs more rain to help cocoa conditions

Below-average rainfall mixed with sunny spells in most of Ivory Coast's cocoa regions last week has helped growing conditions, farmers said on Monday, though they warned more rain would be needed next month as temperatures rise. Ivory Coast, the world's t
Published 28 Nov, 2019 12:00am
CBOT corn futures lower on technical selling
Commodities

CBOT corn futures lower on technical selling

Chicago Board of Trade corn futures closed lower on Tuesday in rangebound trade, pressured by technical selling and spillover weakness from soybeans, traders said. CBOT December corn settled down 3 cents at $3.67-1/2 per bushel and most-active March ended
Published 28 Nov, 2019 12:00am
CBOT soyabean hits two-month low
Commodities

CBOT soyabean hits two-month low

Chicago Board of Trade soyabean futures closed lower on Tuesday, with the January contract hitting its lowest since mid-September on technical selling and export competition from South American suppliers, traders said. CBOT January soyabeans settled down
Published 28 Nov, 2019 12:00am
European wheat futures at four-week high
Commodities

European wheat futures at four-week high

European wheat futures in Paris remained firm on Tuesday, hitting a four-week high in late trade, as the previous day's price strength continued. March milling wheat, the most active contract on Paris-based Euronext, unofficially closed up 0.75 euro or 0.
Published 28 Nov, 2019 12:00am
CBOT wheat futures lower after one month high
Commodities

CBOT wheat futures lower after one month high

Chicago Board of Trade wheat futures closed lower on Tuesday on technical selling and profit-taking a day after the benchmark March contract set one month high, traders said. CBOT December soft red winter wheat settled down 3/4 cent at $5.30-1/4 per bushe
Published 28 Nov, 2019 12:00am
Canadian canola futures slip
Commodities

Canadian canola futures slip

ICE Canadian canola futures dipped on Tuesday for a second straight day, pressured by weak prices of rival vegetable oils. Chicago soyaoil futures slumped and Malaysian February palm oil futures fell 2%. January canola lost $2.20 to $457.20 per tonne. Jan
Published 28 Nov, 2019 12:00am
US MIDDAY: gold drops
Commodities

US MIDDAY: gold drops

Gold fell on Wednesday as equities climbed to record levels bolstered by hopes that the United States and China were close to signing an initial trade deal.
Published 28 Nov, 2019 12:00am
Malaysian palm oil edges higher
Commodities

Malaysian palm oil edges higher

Malaysian palm oil futures closed higher on Wednesday, supported by bargain buying after the previous session's losses, although gains were capped by cheaper rivals on the Dalian and a stronger ringgit.
Published 28 Nov, 2019 12:00am
Gold edges off 2-week lows in NY
Commodities

Gold edges off 2-week lows in NY

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 28 Nov, 2019 12:00am
Gold slips in Asia
Commodities

Gold slips in Asia

Gold prices edged lower on Wednesday after US President Donald Trump's comment that Washington was close to an interim trade deal with China boosted demand for riskier assets.
Published 28 Nov, 2019 12:00am
Gold dips in Europe
Commodities

Gold dips in Europe

Gold fell on Wednesday as equities climbed to record levels bolstered by hopes that the United States and China were close to signing an initial trade deal.
Published 28 Nov, 2019 12:00am
US MIDDAY: soyabeans steady
Commodities

US MIDDAY: soyabeans steady

US soyabean futures stabilized on Wednesday after nearing a two-month low a day earlier, as traders weighed the chances for an initial trade accord between Washington and Beijing that could boost US farm exports.
Published 28 Nov, 2019 12:00am