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Archive

Markets - Commodities

Friday, November 29, 2019

China nickel ore imports from Indonesia jump
Commodities

China nickel ore imports from Indonesia jump

China's nickel ore imports from Indonesia surged 23.4% in October from the previous month, customs data showed on Monday, as Chinese buyers continue to stock up ahead of a ban on exports from top miners from January.
Published 29 Nov, 2019 12:00am
Gold moves in narrow range in Europe
Commodities

Gold moves in narrow range in Europe

Gold traded in a narrow $5 range on Thursday as investors gauged the impact of US backing of Hong Kong protesters on its trade negotiations with China, while palladium scaled a record peak on a sustained supply crunch.
Published 29 Nov, 2019 12:00am
Gold gains in Asia
Commodities

Gold gains in Asia

Gold prices rose on Thursday as investors bought the safe-haven metal on doubts about whether the United States and China will seal a trade deal after President Donald Trump signed a legislation supporting Hong Kong protesters.
Published 29 Nov, 2019 12:00am
Gold drops in New York
Commodities

Gold drops in New York

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 and by the release of robust US economic data. Spot gold dipped 0.5% to $1,454.41 per ounce as of 0
Published 29 Nov, 2019 12:00am
Malaysian palm oil reverses losses on tight supply
Commodities

Malaysian palm oil reverses losses on tight supply

Malaysian palm oil futures reversed earlier losses to trade over 1% higher on Thursday after Indonesia announced its plan for a biodiesel push to reduce fossil fuel use by 165,000 barrels per day (bpd) and as supply outlook dimmed.
Published 29 Nov, 2019 12:00am
Tokyo rubber falls
Commodities

Tokyo rubber falls

Tokyo Commodity Exchange (TOCOM) futures fell on Thursday, on weaker Shanghai futures. TOCOM's rubber contract for May delivery finished 0.2 yen ($0.0018) lower at 188.3 yen per kg.
Published 29 Nov, 2019 12:00am
Copper slides as US-China relations deteriorate
Commodities

Copper slides as US-China relations deteriorate

Copper prices slipped on Thursday as deteriorating relations between the United States and China cast doubt over prospects for imminent resolution to the prolonged trade dispute between the world's two largest economies.
Published 29 Nov, 2019 12:00am
Sugar edges up in quiet trade as supplies tighten
Commodities

Sugar edges up in quiet trade as supplies tighten

ICE white sugar prices edged up on Thursday in quiet, holiday thinned trade, as funds continued to scale back short positions, though producer selling of excess stocks capped gains. Sugar, coffee and cocoa markets on ICE Futures US were closed for the Tha
Published 29 Nov, 2019 12:00am
CBOT wheat futures lower
Commodities

CBOT wheat futures lower

Chicago Board of Trade wheat futures closed lower on Wednesday on technical selling and profit-taking as the market continued to pull back from a one-month high reached on Monday, traders said.
Published 29 Nov, 2019 12:00am