BR100 Increased By (2.8%)
BR30 Increased By (3.57%)
KSE100 Increased By (2.38%)
KSE30 Increased By (2.44%)
AGHA 6.12 Increased By ▲ 0.09 (1.49%)
BECO 4.16 Increased By ▲ 0.30 (7.77%)
BML 62.73 Increased By ▲ 1.73 (2.84%)
BOP 30.90 Increased By ▲ 2.81 (10%)
CNERGY 11.97 Increased By ▲ 0.23 (1.96%)
CSIL 5.42 Increased By ▲ 0.12 (2.26%)
FCCL 56.78 Increased By ▲ 2.32 (4.26%)
FFL 13.34 Increased By ▲ 0.27 (2.07%)
FNEL 1.15 Increased By ▲ 0.04 (3.6%)
KEL 6.00 Increased By ▲ 0.37 (6.57%)
KOSM 5.48 Increased By ▲ 0.14 (2.62%)
LOTCHEM 24.37 Increased By ▲ 0.54 (2.27%)
MLCF 97.49 Increased By ▲ 4.51 (4.85%)
NBP 174.50 Increased By ▲ 11.30 (6.92%)
NCPL 48.47 Increased By ▲ 0.20 (0.41%)
NPL 50.23 Increased By ▲ 0.52 (1.05%)
OGDC 310.47 Increased By ▲ 6.84 (2.25%)
PACE 9.05 Increased By ▲ 0.08 (0.89%)
PAEL 33.07 Increased By ▲ 1.16 (3.64%)
PIBTL 13.15 Increased By ▲ 0.41 (3.22%)
PPL 217.17 Increased By ▲ 4.26 (2%)
PRL 85.66 Increased By ▲ 1.32 (1.57%)
PTC 46.19 Increased By ▲ 1.20 (2.67%)
SSGC 23.32 Increased By ▲ 0.49 (2.15%)
TBL 9.02 Increased By ▲ 0.14 (1.58%)
TELE 6.73 Increased By ▲ 0.23 (3.54%)
TPL 26.10 Increased By ▲ 1.84 (7.58%)
TPLP 12.67 Increased By ▲ 0.68 (5.67%)
TREET 23.80 Increased By ▲ 0.66 (2.85%)
TRG 53.17 Increased By ▲ 1.70 (3.3%)
Archive

Markets - Commodities

Tuesday, January 28, 2020

Ivory Coast cocoa farmers concerned about hot, dry weather
Commodities

Ivory Coast cocoa farmers concerned about hot, dry weather

Farmers in Ivory Coast's cocoa regions said on Monday more rain was needed to boost the April-to-September mid-crop following hot, dry weather last week and only patchy rainfall before that. Ivory Coast, the world's top cocoa producer, is in its dry seaso
Published 28 Jan, 2020 12:00am
Gold demand tepid in major Asian hubs
Commodities

Gold demand tepid in major Asian hubs

Physical gold demand was subdued in major Asian hubs this week on account of the Lunar New Year holidays with growing fears the coronavirus outbreak in China could further dampen activity.
Published 28 Jan, 2020 12:00am
US wants end to EU 'chlorine chicken' ban
Commodities

US wants end to EU 'chlorine chicken' ban

The US said Monday that Europeans should reconsider their ban on so-called chlorinated chicken and hormone-treated beef imports, as efforts heat up to clinch a swift trade deal with Washington.
Published 28 Jan, 2020 12:00am
Russian wheat export prices hit highest level in 11 months
Commodities

Russian wheat export prices hit highest level in 11 months

Export prices of Russian wheat hit their highest level since late February 2019 last week due to a jump in global benchmarks and strong domestic prices, analysts said on Monday. Russian wheat with 12.5% protein content, loaded from Black Sea ports and int
Published 28 Jan, 2020 12:00am
Kenya's 2019 tea export earnings drop
Commodities

Kenya's 2019 tea export earnings drop

Kenya's earnings from tea exports dropped by 16.4% last year to 117 billion shillings ($1.16 billion) as production edged down and average prices of the commodity slid, the industry regulator said on Friday. The East African nation, which is the biggest e
Published 28 Jan, 2020 12:00am
US MIDDAY: Gold hits three-week high
Commodities

US MIDDAY: Gold hits three-week high

Gold climbed to a near three-week high on Monday as mounting concerns over the economic fallout of the coronavirus outbreak sent investors scurrying for safe havens. Spot gold was up 0.4% at $1,577.31 per ounce by 1:50 p.m. EST (1850 GMT). Prices rose to
Published 28 Jan, 2020 12:00am
CBOT wheat futures lower
Commodities

CBOT wheat futures lower

Chicago Board of Trade wheat futures ended weaker on Friday as concerns over the spread of a new virus from China sparked broad-based selling, traders said. Technical selling and profit-taking added pressure to prices after the CBOT March contract hit its
Published 28 Jan, 2020 12:00am
CBOT corn futures down
Commodities

CBOT corn futures down

Chicago Board of Trade corn futures declined on Friday as a spreading virus from China sparked selling across several markets, traders said. Technical selling also hit the market after the March contract failed to match Thursday's 2-1/2 month high.
Published 28 Jan, 2020 12:00am
Euronext wheat falls in step with Chicago rally
Commodities

Euronext wheat falls in step with Chicago rally

Euronext wheat fell on Friday in step with Chicago as futures markets eased back from one-year highs struck this week during a rally fuelled by brisk export demand and supply concerns. Activity was light on Euronext with many market participants attending
Published 28 Jan, 2020 12:00am
Copper in longest losing streak for six years
Commodities

Copper in longest losing streak for six years

Copper fell for a ninth consecutive session on Monday, the longest losing streak in six years, as investors worried that a spreading coronavirus outbreak in China would hit demand in the world's biggest metals consumer. Copper tumbled to its weakest in th
Published 28 Jan, 2020 12:00am
Tokyo rubber slides
Commodities

Tokyo rubber slides

Tokyo Commodity Exchange (TOCOM) futures slid for the seventh straight session on Monday, hitting their lowest in nearly three months, due to rising concerns that the spreading coronavirus in top buyer China will slow demand for the commodity.
Published 28 Jan, 2020 12:00am
Raw sugar slides further off two-year peak, coffee down
Commodities

Raw sugar slides further off two-year peak, coffee down

Raw sugar futures on ICE fell on Monday as fears over the coronavirus outbreak in China hit energy prices and prompted expectations more sugar might be produced at the expense of biofuel ethanol. Arabica coffee dropped to two-month lows.
Published 28 Jan, 2020 12:00am
Zimbabwe says grain stocks running out after drought
Commodities

Zimbabwe says grain stocks running out after drought

Zimbabwe has only 100,000 tonnes of grain in its strategic reserves, enough to last just over a month, as the southern African nation suffers the effects of a severe drought, according to the agriculture minister. More than half the country's population f
Published 28 Jan, 2020 12:00am
Asian feed mills turn to Ukrainian corn
Commodities

Asian feed mills turn to Ukrainian corn

Some key Asian feed makers are having to pay more for higher-quality corn from the Black Sea region as a key traditional supplier, the United States, struggles with a weather-damaged crop. China, South Korea and Bangladesh have turned to Ukraine for a par
Published 28 Jan, 2020 12:00am
Gold rises in Asia
Commodities

Gold rises in Asia

Gold prices rose to their highest in more than two weeks on Monday as equities slipped on growing concerns that a China virus outbreak could impact that nation's economy, prompting investors to drop riskier assets and look for safe havens. Spot gold climb
Published 28 Jan, 2020 12:00am
Gold jumps in Europe
Commodities

Gold jumps in Europe

Gold climbed 1% to a near three-week high on Monday as mounting concerns over the economic fallout of the coronavirus outbreak sent investors scurrying for safe havens. Spot gold was up 0.6% at $1,579.70 per ounce by 10:29 EDT (1529 GMT). The session high
Published 28 Jan, 2020 12:00am
US MIDDAY: Corn, soya, wheat fall
Commodities

US MIDDAY: Corn, soya, wheat fall

US corn, soyabeans and wheat futures fell sharply on Monday, with investors shedding risky assets amid fears the coronavirus outbreak in China could dent the global economy, traders said. The most-active Chicago Board of Trade soyabean futures contract sa
Published 28 Jan, 2020 12:00am