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Markets - Commodities

Wednesday, December 18, 2019

US MIDDAY: Gold steadies
Commodities

US MIDDAY: Gold steadies

Gold steadied on Tuesday as robust US manufacturing data lifted risk appetite and offset lingering doubts on US-China trade, while scarce palladium retreated after its record run toward the $2,000 an ounce level.
Published 18 Dec, 2019 12:00am
US MIDDAY: soyabean futures stay up
Commodities

US MIDDAY: soyabean futures stay up

US soyabean futures rose for the fourth day in a row on Tuesday, hitting their highest level since Nov. 8, following the soyaoil market's rally to a two-year high, traders said.
Published 18 Dec, 2019 12:00am
Palladium eases after record run towards $2,000 in Europe
Commodities

Palladium eases after record run towards $2,000 in Europe

Palladium prices retreated on Tuesday as investors booked profits from a record run that took the metal to within striking distance of $2,000 an ounce for the first time, with an interim US-China trade deal driving prospects for higher demand.
Published 18 Dec, 2019 12:00am
Gold little changed in Asia
Commodities

Gold little changed in Asia

Gold traded sideways on Tuesday, as a lack of concrete details about an interim US-China trade deal kept investors from making firm bets, while palladium prices were set to break above the key $2,000 per ounce level for the first time.
Published 18 Dec, 2019 12:00am
Gold steadies in NY
Commodities

Gold steadies in NY

Gold held steady on Monday as the dollar eased and investors sought clarity on the fine print of the "phase one" US-China trade deal, offsetting strong gains in the equities markets.
Published 18 Dec, 2019 12:00am
Palm oil rise for second session
Commodities

Palm oil rise for second session

Malaysian palm oil futures gained for a second straight session on Tuesday, supported by worries over shortfall in stockpiles due to seasonal declines and tracking gains in rival soyaoil prices.
Published 18 Dec, 2019 12:00am
Copper hits 7-month high over tight supply
Commodities

Copper hits 7-month high over tight supply

Copper touched a new seven-month peak on Tuesday as investors began looking beyond the US-China trade deal to potential shortages next year due to production problems. Three-month copper on the London Metal Exchange (LME) climbed to an intraday high of $6
Published 18 Dec, 2019 12:00am
Tokyo rubber tracks Shanghai higher
Commodities

Tokyo rubber tracks Shanghai higher

Tokyo Commodity Exchange (TOCOM) futures rose on Tuesday, tracking stronger Shanghai futures amid optimism over an interim trade deal between China and the United States. TOCOM's rubber contract for May delivery finished 1.1 yen ($0.0101) higher at 200.9
Published 18 Dec, 2019 12:00am
Euronext wheat futures rise to two-week high
Commodities

Euronext wheat futures rise to two-week high

Euronext wheat futures rose on Monday to a two-week high, tracking a surge in US futures that was triggered by a trade deal between Washington and Beijing. March milling wheat, the most active contract on the Paris-based Euronext exchange, settled up 3.25
Published 18 Dec, 2019 12:00am
Chinese iron ore futures fall on outlook uncertainty
Commodities

Chinese iron ore futures fall on outlook uncertainty

Chinese iron ore futures fell on Monday, giving up the previous session's gains, as lower utilisation rates at mills and fresh data cast doubt on demand for the steelmaking raw material. The most-actively traded iron ore futures on the Dalian Commodity Ex
Published 18 Dec, 2019 12:00am
Ivory Coast's cocoa belt welcomes rain
Commodities

Ivory Coast's cocoa belt welcomes rain

Farmers in Ivory Coast's cocoa-growing regions welcomed heavier-than-usual rainfall after weeks of hot and dry weather had threatened the main crop, they told Reuters on Monday. Ivory Coast, the world's top cocoa producer, is in its dry season, which runs
Published 18 Dec, 2019 12:00am
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