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Markets - Commodities

Tuesday, December 31, 2019

Fanya indium stockpile goes unsold in China auction
Commodities

Fanya indium stockpile goes unsold in China auction

The auction of around 3,609 tonnes of minor metal indium once held by China's defunct Fanya Metal Exchange ended on Monday without a bid, with the quantity on sale - equal to five years' global supply - proving too much for buyers.
Published 31 Dec, 2019 12:00am
Gold hits two-month peak on dollar weakness, US air
Commodities

Gold hits two-month peak on dollar weakness, US air

Gold rose to a two-month peak on Monday as a weaker dollar fuelled investor interest in the metal, with US military strikes in the Middle East also providing some limited support in holiday-thinned trading. Spot gold was up 0.1% at $1,512.33 per ounce by
Published 31 Dec, 2019 12:00am
Vietnamese farmers hold on coffee beans
Commodities

Vietnamese farmers hold on coffee beans

Trading activity was subdued this week as traders settled in for year-end holidays and farmers were reluctant to release beans on low prices, while the Indonesian market was closed for the holidays, traders said on Thursday.
Published 31 Dec, 2019 12:00am
Taiwan buys Argentine corn
Commodities

Taiwan buys Argentine corn

Taiwan's feed industry procurement association MFIG purchased about 65,000 tonnes of corn seen likely to be sourced from Argentina in an international tender which closed on Friday, European traders said.
Published 31 Dec, 2019 12:00am
CBOT soyabean futures weaker
Commodities

CBOT soyabean futures weaker

US soyabean futures settled weaker on Friday on profit taking after the most-active contract rose to its highest price since June 2018. Traders took profits after hopes for increased Chinese demand helped lift prices, analysts said. China committed to buy
Published 31 Dec, 2019 12:00am
Canadian canola futures lower
Commodities

Canadian canola futures lower

ICE Canadian canola futures closed lower on Friday, turning down on profit-taking and farmer selling after the bellwether March contract topped $480 per tonne for the first time since mid-October, traders said.
Published 31 Dec, 2019 12:00am
CBOT wheat futures rise
Commodities

CBOT wheat futures rise

Chicago Board of Trade (CBOT) wheat futures rose on Friday, with the most-active contract reaching its highest price since August 2018 on hopes for increased Chinese demand. Traders said they expect China to buy more US wheat following a Phase 1 trade agr
Published 31 Dec, 2019 12:00am
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