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Markets - Commodities

Thursday, January 2, 2020

Kenya tea producers turn over a new leaf as prices stumble
Commodities

Kenya tea producers turn over a new leaf as prices stumble

In a humming factory in Kenya's highlands, tea is hand-plucked from the fields, cured and shredded into the fine leaves that have sated drinkers from London to Lahore for generations. But Kenya's prized black tea isn't fetching the prices it once did, for
Published 02 Jan, 2020 12:00am
China's iron ore shines with biggest annual gain
Commodities

China's iron ore shines with biggest annual gain

Dalian iron ore futures rose on Tuesday to end 2019 with a near 141% surge from last year, outperforming other commodities, due to supply disruptions and China's still healthy demand for the steelmaking raw material. The Dalian Commodity Exchange's benchm
Published 02 Jan, 2020 12:00am
CBOT soyabean futures up 6.8 percent for 2019
Commodities

CBOT soyabean futures up 6.8 percent for 2019

Chicago Board of Trade soyabean futures ended higher in 2019 on hopes for increased Chinese buying following a recently struck trade deal between Washington and Beijing. The most actively traded contract reached its highest price since June 13, 2018, and
Published 02 Jan, 2020 12:00am
Euronext wheat falls in 2019 despite late rally
Commodities

Euronext wheat falls in 2019 despite late rally

Euronext wheat closed with an annual decline after a year-end rally only partly offset a price drop linked to a recovery in European production. March milling wheat, the most active contract on the Paris-based exchange, settled 0.25 euros, or 0.1%, down a
Published 02 Jan, 2020 12:00am
Canadian canola futures lower
Commodities

Canadian canola futures lower

ICE Canadian canola futures closed lower on Tuesday in sympathy with declines in allied US soyaoil futures and Malaysian palm oil futures, traders said. January canola settled down $1.20 at $467.50 per tonne and most-active March canola ended down $1.10 a
Published 02 Jan, 2020 12:00am
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