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Markets - Commodities

Tuesday, February 11, 2020

Canadian canola futures rise
Commodities

Canadian canola futures rise

ICE Canadian canola futures edged higher on Friday, helped by a weaker Canadian dollar and modest soyabean strength. Rallies are limited by continued restraints shipping Canadian canola to China amid a diplomatic dispute, a trader said, adding that canola
Published 11 Feb, 2020 12:00am
Jordan seeks to buy 120,000 tonnes feed barley
Commodities

Jordan seeks to buy 120,000 tonnes feed barley

Jordan's state grain buyer has issued an international tender to purchase 120,000 tonnes of animal feed barley to be sourced from optional origins, European traders said on Thursday. Tender deadline is Feb. 12, traders said.
Published 11 Feb, 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 Friday on chart-based buying and short-covering coupled with optimism about prospects for US agricultural export sales to China, traders said. CBOT March corn settled up 4-1/4 cents at $3.83-1/2 per bush
Published 11 Feb, 2020 12:00am
EU wheat steady on bright export prospects
Commodities

EU wheat steady on bright export prospects

Euronext wheat edged higher on Friday as strong overseas demand and a four-month low for the euro against the dollar underlined a favourable export outlook for western Europe, offsetting worries about a spreading coronavirus in China. March milling wheat,
Published 11 Feb, 2020 12:00am
US MIDDAY: Gold climbs
Commodities

US MIDDAY: Gold climbs

The price of gold rose to its highest level in a week on Monday as the death toll from the coronavirus outbreak climbed and investors sought safe haven from the economic impact.
Published 11 Feb, 2020 12:00am
CBOT soyabean futures modestly higher
Commodities

CBOT soyabean futures modestly higher

Chicago Board of Trade soyabean futures closed modestly higher on Friday as light technical buying and strength in corn and wheat offset pressure from expectations of large South American soya harvests, traders said. CBOT March soyabeans settled up 1 cent
Published 11 Feb, 2020 12:00am
CBOT wheat futures firm on technical buying
Commodities

CBOT wheat futures firm on technical buying

Chicago Board of Trade wheat futures closed higher on Friday on technical buying and short-covering, traders said. CBOT March soft red winter wheat settled up 2-1/2 cents at $5.58-3/4 per bushel. For the week, the contract rose 5 cents a bushel or 0.9%, r
Published 11 Feb, 2020 12:00am
Vietnam's coffee prices fall slightly
Commodities

Vietnam's coffee prices fall slightly

Vietnam's domestic coffee prices fell slightly this week due to growing concern over a coronavirus epidemic in China, while trading activity remained subdued in Indonesia on scarce supply, traders and exporters said on Thursday. Farmers in the Central Hig
Published 11 Feb, 2020 12:00am
South Korea buys US wheat of various grades
Commodities

South Korea buys US wheat of various grades

Flour mills in South Korea bought a range of different milling wheat grades in purchases totalling 71,200 tonnes this week, to be sourced from the United States, traders said on Friday. Traders had reported the deals on Thursday but did not give prices. A
Published 11 Feb, 2020 12:00am
France sees more wheat export sales to China
Commodities

France sees more wheat export sales to China

Chinese importers have recently booked French wheat for shipment during the first half of 2020, traders said, adding to an unusual run of French exports to China in the past few months. Exporters have in the past two weeks sold at least two or three cargo
Published 11 Feb, 2020 12:00am
Indian rice rates hit four-month high; Thai prices fall
Commodities

Indian rice rates hit four-month high; Thai prices fall

Rice export prices in India edged up to the highest level in more than four months this week, helped by healthy demand from African countries, while markets in Thailand and Vietnam grapple with the new coronavirus outbreak. India's 5 percent broken parboi
Published 11 Feb, 2020 12:00am
Zinc sinks to multi-year low
Commodities

Zinc sinks to multi-year low

Zinc prices lurched on Monday to their lowest since July 2016 after a surge in inventories and worries over demand in China as cases of the coronavirus grow in number.
Published 11 Feb, 2020 12:00am
Malaysian palm oil falls
Commodities

Malaysian palm oil falls

Malaysian palm oil futures slipped on Monday, as sharp drop in demand outweighs tight supplies, while mounting worries over the coronavirus epidemic continues to pressure prices.
Published 11 Feb, 2020 12:00am
Gold steadies in Asia
Commodities

Gold steadies in Asia

Gold prices held steady on Monday as rising concerns over the severity of the coronavirus outbreak offset a slight reprieve for equities after China eased some work and travel restrictions.
Published 11 Feb, 2020 12:00am
Gold hits 1-week high in European trade
Commodities

Gold hits 1-week high in European trade

Gold rose to its highest in one week on Monday as the death toll from the coronavirus outbreak rose further and investors sought safe havens from the economic impact.
Published 11 Feb, 2020 12:00am
US MIDDAY: Soyabeans extend gains
Commodities

US MIDDAY: Soyabeans extend gains

US soyabean futures rose for a sixth straight session on Monday on expectations that Beijing will meet the purchasing targets agreed in the Phase 1 trade deal with Washington, although concerns about a coronavirus outbreak in China capped gains.
Published 11 Feb, 2020 12:00am
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