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Archive

Markets - Commodities

Tuesday, December 3, 2019

Canadian canola futures drop
Commodities

Canadian canola futures drop

ICE Canadian canola futures dropped on Friday for a second straight session as technical selling swayed the market in thin overall trading volume.
Published 03 Dec, 2019 12:00am
Euronext wheat hits four-month high
Commodities

Euronext wheat hits four-month high

Euronext wheat futures rose to their highest in more than four months on Friday as a sharp rally during post-holiday trading in Chicago added to support from firm physical markets in Europe.
Published 03 Dec, 2019 12:00am
CBOT wheat hits six-month high
Commodities

CBOT wheat hits six-month high

Chicago Board of Trade (CBOT) wheat futures exploded to a six-month high on Friday due to threats to global production and as fund scrambled to cover their short positions in the post-holiday market, traders said.
Published 03 Dec, 2019 12:00am
US MIDDAY: Gold steadies
Commodities

US MIDDAY: Gold steadies

Gold steadied on Monday after paring losses as weak US manufacturing data rekindled worries about a slowing economy, while palladium exceeded $1,860 per ounce in its week-long surge to new all-time highs on a supply crunch.
Published 03 Dec, 2019 12:00am
Wet autumn to cut wheat area in France
Commodities

Wet autumn to cut wheat area in France

Heavy autumn rain is expected to lead to a fall in wheat sowings in France and Britain, raising early doubts over prospects for next year's harvest in Europe, analysts said.
Published 03 Dec, 2019 12:00am
Tokyo rubber rises on strong China data
Commodities

Tokyo rubber rises on strong China data

Tokyo Commodity Exchange (TOCOM) futures rose on Monday, helped by strong factory data in top rubber buyer China and a sharp drop in Shanghai's inventories, although cloudy outlook over the US-China trade talks limited gains.
Published 03 Dec, 2019 12:00am
Analysts cut copper forecasts
Commodities

Analysts cut copper forecasts

Analysts have marked down this year's forecasts for copper and other industrial metals prices in recent months as top consumer China struggles to revive its economy, a Reuters poll showed.
Published 03 Dec, 2019 12:00am
Raw sugar slips from nine-month peak, cocoa down
Commodities

Raw sugar slips from nine-month peak, cocoa down

ICE raw sugar futures were lower on Monday, retreating from the prior session's nine-month high, while New York cocoa prices fell to a three-week low. March raw sugar was down 0.09 cents, or 0.7%, at 12.85 cents per lb at 1509 GMT. The front month rose to
Published 03 Dec, 2019 12:00am
Gold falls in Asia
Commodities

Gold falls in Asia

Gold prices fell on Monday as investors turned to riskier assets on signs of economic growth following reports of an expanding Chinese factory sector and as a rising dollar reduced demand.
Published 03 Dec, 2019 12:00am
Gold slips in Europe
Commodities

Gold slips in Europe

Gold prices fell on Monday after better-than-expected manufacturing data from China assuaged fears of a slowdown in global growth while deficit-ridden autocatalyst metal palladium soared to an all-time high.
Published 03 Dec, 2019 12:00am
US MIDDAY: Corn up; wheat, soya weak
Commodities

US MIDDAY: Corn up; wheat, soya weak

US corn futures firmed slightly on Monday, edging up to their highest in nearly a month on a round of technical buying despite signs of poor demand, traders said. Soyabean futures were weaker, with traders waiting for concrete signs of progress in trade n
Published 03 Dec, 2019 12:00am