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Markets - Commodities

Tuesday, December 24, 2019

Indian rice export prices rise as demand picks up
Commodities

Indian rice export prices rise as demand picks up

Indian rice export prices extended gains this week as demand ticked up and paddy prices on the local market rose, while demand for Thai rice was still being hurt by cheaper competitors. Top exporter India's 5 percent broken parboiled variety was quoted ar
Published 24 Dec, 2019 12:00am
Brazil's 2019-20 CS cane crop raises to 589 million tonnes
Commodities

Brazil's 2019-20 CS cane crop raises to 589 million tonnes

Brazil's 2019-20 center-south cane crop has been revised up to 589 million tonnes from 571 million tonnes in August, farm statistics agency Conab said on Thursday, citing favourable climate conditions. The agency reduced its projection for center-south su
Published 24 Dec, 2019 12:00am
Trade tensions push EU wheat exports to China
Commodities

Trade tensions push EU wheat exports to China

European Union wheat exports to China this season are expected to reach about 1 million tonnes, led by a run of French sales, after international trade disputes allowed Europe to shift some of its big 2019 crop, grain market sources said.
Published 24 Dec, 2019 12:00am
Canadian canola futures rise
Commodities

Canadian canola futures rise

ICE Canadian canola futures rose on Friday for the sixth time in seven sessions, climbing on strong crusher demand and improving trade prospects for oilseeds. Crush margins have improved due to price gains in US soya products, as trade warms between the U
Published 24 Dec, 2019 12:00am
Chinese rebar edges up, iron ore futures retreat
Commodities

Chinese rebar edges up, iron ore futures retreat

Benchmark steel rebar futures in China edged up on Friday, but posted a weekly fall, as market retraced after a robust gain last week amid demand uncertainties. The most-actively traded construction steel rebar on the Shanghai Futures Exchange, for May 20
Published 24 Dec, 2019 12:00am
Argentine soya planting rises due to rains
Commodities

Argentine soya planting rises due to rains

Argentine soya planting advanced 8.9 percentage points over the last week, reaching 70.2% of expected sowing area thanks to rains that relieved excessively dry conditions, the Buenos Aires Grains Exchange said in a report on Thursday.
Published 24 Dec, 2019 12:00am
Gold demand tepid in major Asian hubs
Commodities

Gold demand tepid in major Asian hubs

Gold demand was subdued in major Asian hubs this week, with India in the midst of protests against a new citizenship law that disrupted some retail buying and traders elsewhere banking on the Chinese New Year for an uptick in sales.
Published 24 Dec, 2019 12:00am
CBOT soyabean futures rise
Commodities

CBOT soyabean futures rise

Positioning ahead of year-end holidays lifted Chicago Board of Trade soyabean futures on Friday, traders said. Traders continued to doubt the potential for Chinese demand to meet a US goal for $40 billion to $50 billion over the next two years.
Published 24 Dec, 2019 12:00am
Vietnam's coffee prices edge up as farmers hold off selling
Commodities

Vietnam's coffee prices edge up as farmers hold off selling

Vietnam's domestic coffee prices edged up slightly on Thursday from last week as lacklustre bean prices prompted farmers to hold off selling. Farmers in the Central Highlands, Vietnam's largest coffee-growing area, offered their beans at 33,500-34,000 don
Published 24 Dec, 2019 12:00am
Trade tensions push EU wheat exports to China
Commodities

Trade tensions push EU wheat exports to China

European Union wheat exports to China this season are expected to reach about 1 million tonnes, led by a run of French sales, after international trade disputes allowed Europe to shift some of its big 2019 crop, grain market sources said.
Published 24 Dec, 2019 12:00am
Tokyo rubber futures gain
Commodities

Tokyo rubber futures gain

The Tokyo Commodity Exchange (TOCOM) rubber contract for May delivery rose 0.9 yen, or 0.5%, to 194.2 yen per kg by 0105 GMT, after last week's 3.8% fall.
Published 24 Dec, 2019 12:00am
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