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Markets - Commodities

Friday, February 14, 2020

China's iron ore hits three-week high
Commodities

China's iron ore hits three-week high

China's iron ore futures hit a three-week high on Wednesday as the number of new coronavirus cases in the country continued to fall and after Brazilian miner Vale SA posted a sharp drop in fourth-quarter output of the steelmaking raw material.
Published 14 Feb, 2020 12:00am
European wheat slightly higher on weaker euro
Commodities

European wheat slightly higher on weaker euro

European wheat was stable to slightly higher on Wednesday, buoyed by a strong demand outlook and fall in the euro that makes it more competitive on world markets but the market was lacking a strong impetus, traders said.
Published 14 Feb, 2020 12:00am
CBOT wheat rebounds from two-month low
Commodities

CBOT wheat rebounds from two-month low

Chicago Board of Trade wheat futures closed higher on Wednesday, rebounding from a near two-month low, following broad strength in commodities and Wall Street equities tied to optimism that the coronavirus epidemic will be contained, traders said.
Published 14 Feb, 2020 12:00am
CBOT corn futures rise
Commodities

CBOT corn futures rise

Chicago Board of Trade corn futures ended higher on Wednesday, tracking broad-based strength in commodities and Wall Street equity markets tied to hopes the coronavirus epidemic in China will be contained.
Published 14 Feb, 2020 12:00am
US MIDDAY: Gold rises
Commodities

US MIDDAY: Gold rises

Gold prices jumped to their highest in more than a week on Thursday after a sharp increase in the number of new coronavirus cases in China renewed fears over global economic impact and persuaded investors to seek lower-risk assets.
Published 14 Feb, 2020 12:00am
US MIDDAY: Soyabean futures up
Commodities

US MIDDAY: Soyabean futures up

US soyabean futures rose on Thursday, rallying from early declines on short-covering and prospects for China to step up purchases of US supplies as the US-China Phase 1 deal goes into effect in the coming days, traders said.
Published 14 Feb, 2020 12:00am
Copper, other industrial metals move up
Commodities

Copper, other industrial metals move up

Copper and other industrial metals prices rose on Thursday as traders shrugged off figures showing thousands more coronovirus cases and attention moved to the potential for China's efforts to stop the spread of the virus to disrupt supply.
Published 14 Feb, 2020 12:00am
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