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Archive

Markets - Commodities

Wednesday, January 15, 2020

US MIDDAY: Gold dips
Commodities

US MIDDAY: Gold dips

Gold fell on Tuesday ahead of the much awaited signing of an interim US-China trade deal that dampened the appeal of bullion, while palladium notched a record high on a sustained supply deficit.
Published 15 Jan, 2020 12:00am
US MIDDAY: Six-month high
Commodities

US MIDDAY: Six-month high

US wheat futures hit a six-month high on Tuesday, supported by a pickup in export business and news that Russia, the world's top wheat exporter, is considering limiting grain exports through June, traders said.
Published 15 Jan, 2020 12:00am
Gold down in Europe
Commodities

Gold down in Europe

Gold fell on Tuesday ahead of the much awaited signing of an interim US-China trade deal that dampened the appeal of bullion, while palladium notched a record high on sustained supply deficit.
Published 15 Jan, 2020 12:00am
Tokyo rubber surges
Commodities

Tokyo rubber surges

Tokyo Commodity Exchange (TOCOM) futures surged more than 3% on Tuesday, buoyed by Sino-US trade deal optimism.
Published 15 Jan, 2020 12:00am
Malaysian palm oil falls 2.8 percent
Commodities

Malaysian palm oil falls 2.8 percent

Malaysian palm oil futures fell by their most in eight months on Tuesday after the country's prime minister defended his criticism of India even as it halted palm oil imports from the world's second-largest producer following a diplomatic spat.
Published 15 Jan, 2020 12:00am
CBOT corn futures up on short-covering
Commodities

CBOT corn futures up on short-covering

Chicago Board of Trade corn futures ended higher on Monday on technical buying and short-covering ahead of a US-China trade agreement due to be signed this week, traders said.
Published 15 Jan, 2020 12:00am
Canadian canola futures weaker
Commodities

Canadian canola futures weaker

ICE Canadian canola futures weakened on Monday after four straight days of gains. Traders said commercial hedging pressured prices after farmers booked some cash market sales.
Published 15 Jan, 2020 12:00am
CBOT soyabean futures lower on technical selling
Commodities

CBOT soyabean futures lower on technical selling

Chicago Board of Trade soyabean futures closed lower on Monday, pressured by technical selling ahead of this week's signing of a US-China "Phase 1" trade deal and beneficial rains in crop areas of Brazil, traders said.
Published 15 Jan, 2020 12:00am
Euronext wheat rises to seven-month high
Commodities

Euronext wheat rises to seven-month high

Euronext wheat rose on Monday to its highest in more than seven months as supply snags in France caused by transport strikes added to support from brisk overseas demand. Benchmark March milling wheat on the Paris-based Euronext settled up 1.50 euros, or 0
Published 15 Jan, 2020 12:00am
CBOT wheat futures fall on technical selling
Commodities

CBOT wheat futures fall on technical selling

Chicago Board of Trade wheat futures fell on Monday on technical selling and profit-taking after the benchmark March contract hit a six-month high on Friday, traders said. CBOT March soft red winter wheat settled down 2-1/4 cents at $5.62-1/4 per bushel,
Published 15 Jan, 2020 12:00am
Sugarcane crushing mechanism reviewed
Commodities

Sugarcane crushing mechanism reviewed

Secretary Food Punjab Waqas Ali Mehmood visited Faisalabad and chaired a meeting regarding sugarcane crushing season and price control mechanism in DC office. Deputy Commissioner Muhammad Ali gave a detailed briefing on the crushing season and price contr
Published 15 Jan, 2020 12:00am