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Markets - Commodities

Thursday, December 19, 2019

European wheat futures drift down
Commodities

European wheat futures drift down

European wheat futures in Paris drifted down on Tuesday in a pullback after prices had risen sharply on Monday. March milling wheat, the most active contract on the Paris-based Euronext exchange, was down 0.50 euro or 0.2% at 186.00 euros ($205.01) a tonn
Published 19 Dec, 2019 12:00am
Washington appeals WTO ruling in India steel dispute
Commodities

Washington appeals WTO ruling in India steel dispute

Washington is appealing a World Trade Organization ruling in a dispute over import duties on Indian steel products, despite having recently forced the body's appeals unit to suspend operations. Last month, a WTO panel found that Washington had failed to f
Published 19 Dec, 2019 12:00am
US MIDDAY: Gold dips
Commodities

US MIDDAY: Gold dips

Gold dipped on Wednesday, weighed down by a firmer dollar which found support from mounting expectations the US Federal Reserve will not cut interest rates soon, while palladium retreated from record highs.
Published 19 Dec, 2019 12:00am
CBOT soyabean rises; soyaoil highest since January 2018
Commodities

CBOT soyabean rises; soyaoil highest since January 2018

Chicago Board of Trade soyabean futures rose on Tuesday, led higher by gains in soyaoil, traders said. Strength in soyaoil, which hit its highest since January 2018, stemmed from a US government spending bill that extended a tax credit for the biodiesel i
Published 19 Dec, 2019 12:00am
CBOT corn futures firmer
Commodities

CBOT corn futures firmer

Chicago Board of Trade corn futures firmed on Tuesday, following gains in wheat and soybeans. On a continuous basis, the most-active corn futures contract topped out at its highest since November 1. The benchmark CBOT March corn futures contract broke thr
Published 19 Dec, 2019 12:00am
Copper slips after rally to 7-month highs
Commodities

Copper slips after rally to 7-month highs

Copper prices dipped from the previous session's 7-month high on Wednesday as data showing record Chinese production of the metal helped persuade investors to pause for breath after a rapid rally. Benchmark copper on the London Metal Exchange (LME) did no
Published 19 Dec, 2019 12:00am
Tokyo rubber falls
Commodities

Tokyo rubber falls

Tokyo Commodity Exchange (TOCOM) futures ended lower on Wednesday, tracking weakness in Shanghai futures and oil prices. TOCOM's rubber contract for May delivery closed 1.4 yen ($0.0129) down at 199.5 yen per kg. In early trade, it was hovering near a six
Published 19 Dec, 2019 12:00am
Malaysian palm oil closes lower
Commodities

Malaysian palm oil closes lower

Malaysian palm oil futures ended lower on Wednesday, weighed by weaker rival oils and as a recent rally in palm prices curbed demand for the commodity, although worries over lower stockpiles capped losses. The benchmark palm oil contract for March deliver
Published 19 Dec, 2019 12:00am
Arabica coffee, raw sugar higher
Commodities

Arabica coffee, raw sugar higher

Arabica coffee futures edged higher on Wednesday in choppy conditions with the next move uncertain after a recent surge to a more than two-year high was followed by a sharp setback. March arabica coffee was up 0.15 cents, or 0.1%, at $1.3385 per lb at 144
Published 19 Dec, 2019 12:00am
Gold slips in Europe
Commodities

Gold slips in Europe

Gold dipped on Wednesday, weighed down by a firmer dollar which found support from mounting expectations the US Federal Reserve will not cut interest rates soon, while palladium retreated from record highs.
Published 19 Dec, 2019 12:00am
US MIDDAY: Corn, wheat ease
Commodities

US MIDDAY: Corn, wheat ease

US wheat futures eased on Wednesday while corn and soyabeans were little changed, as grain markets paused after rallying this week on demand hopes fuelled by a US-Chinese trade agreement.
Published 19 Dec, 2019 12:00am
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