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Archive

Markets - Commodities

Saturday, February 1, 2020

US MIDDAY: Soyabeans down
Commodities

US MIDDAY: Soyabeans down

Chicago Board of Trade soyabean futures fell on Friday, on track for their ninth straight day of losses, as concerns about the coronavirus cutting into Chinese demand beat back any attempts at a bargain-buying bounce, traders said.
Published 01 Feb, 2020 12:00am
Copper tumbles
Commodities

Copper tumbles

Copper hit a five-month low on Friday as funds and traders sold on the expectation of slowing demand in top consumer China, where the coronavirus outbreak threatens to hit economic activity. Benchmark copper on the London Metal Exchange ended down 0.4% at
Published 01 Feb, 2020 12:00am
CBOT wheat futures lower
Commodities

CBOT wheat futures lower

Chicago Board of Trade wheat futures dropped on Thursday as fears over the spread of the coronavirus triggered broad selling, traders said. A drop in wheat prices in top exporter Russia added pressure to US markets, traders said. Russia's Agriculture Mini
Published 01 Feb, 2020 12:00am
CBOT soyabean futures hit eight-month low
Commodities

CBOT soyabean futures hit eight-month low

US soyabean futures on Thursday fell for an eighth day in a row and reached eight-month lows as concerns intensified about the widening coronavirus outbreak, traders said. March soyabeans set their lowest price since May 24, 2019. The spead of a coronavir
Published 01 Feb, 2020 12:00am
Brazilian mills seen shifting more cane to sugar output
Commodities

Brazilian mills seen shifting more cane to sugar output

Mills in Brazil's center-south region are expected to allocate more cane to sugar production in the new season that starts in April than they did in the previous crop, due to improved raw sugar prices in New York, INTL FCStone said on Thursday. The broker
Published 01 Feb, 2020 12:00am
Euronext wheat futures slightly lower
Commodities

Euronext wheat futures slightly lower

Euronext wheat futures were slightly lower in late trading on Thursday after a sale of French wheat to Egypt helped prices recover from a near three-week low linked to broad market fears about a coronavirus outbreak in China. Benchmark March milling wheat
Published 01 Feb, 2020 12:00am