News Archives for Markets - 2020-02-18

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Commodities

Jordan makes no purchase in tender for 120,000 T wheat

Prices were regarded as too high. Participants were believed to be Cerealcom Dolj, CHS, Ameropa and Nibulon, t

Updated 18 Feb, 2020 04:25pm

Commodities

Jordan gets 4 participants in 120,000 tonne wheat tender

Jordan's state grains buyer to purchase 120,000 tonnes of wheat which closed on Tuesday. HAMBURG: Four tradin

Published 18 Feb, 2020 01:18pm

Commodities

China's copper imports and aluminium consumption to drop again in 2020

China's own refined copper output is still projected to grow by 3.8pc to 9.3 million tonnes this year and its expor

Published 18 Feb, 2020 01:07pm

Commodities

Arabica coffee hits three week high, raw sugar gains

May arabica coffee rose 0.7 cents, or 0.6pc, at $1.1200 per lb at 1219 GMT, having hit its highest since late Janua

Published 18 Feb, 2020 01:04pm

Commodities

CBOT soybeans may hover above $8.89-3/4 per bushel

The support is provided by the 61.8pc retracement on the fall from $9.03 to $8.68-3/4. The pattern indicates a

Published 18 Feb, 2020 12:34pm

Commodities

CBOT corn may test resistance at $3.80-3/4

The resistance is identified as the 23.6pc projection level of a presumed wave C from $3.85. Support is at $3.

Published 18 Feb, 2020 12:20pm

Commodities

Palm oil slips on expectations of higher output amid weak China demand

Palm oil exports from Indonesia are also falling due to lower demand by India and China, Bagani said. Palm oil

Published 18 Feb, 2020 12:18pm

Commodities

CBOT wheat may rise into $5.60 to $5.63-3/4 range

Support is at $5.51-1/4, a break below which could cause a fall into the range of $5.43-1/2 to $5.47-3/4. The

Published 18 Feb, 2020 12:12pm

Commodities

Australia says 2019/20 wheat harvest drops to lowest in 12 years

Australia's chief commodity forecaster said in December it expected wheat production during the 2019/2020 season to

Published 18 Feb, 2020 11:24am

Commodities

Bangladesh tenders to buy 50,000 tonnes wheat

The south Asian country has turned to wheat imports, mainly from the Black Sea region, in recent months to meet its

Published 18 Feb, 2020 11:18am

Commodities

New York coffee may test resistance at $1.1040

The break signals a reversal of the downtrend from the Dec. 17, 2019 high of $1.4245. Support is at $1.0625, a

Published 18 Feb, 2020 11:06am

Commodities

Gold rises on rising business impact of virus outbreak

Spot gold was up 0.4pc at $1,586.93 per ounce by 0717 GMT. Earlier in the session, prices touched their highes

Published 18 Feb, 2020 10:58am

Commodities

Glencore eyes emissions cut as it posts 2019 net loss

The world's largest shipper of thermal coal posted a net loss of $404 million for 2019 as it saw prices for its key

Published 18 Feb, 2020 10:45am

Commodities

Turkey receives offers in 250,000 tonne wheat tenders

The TMO has issued a series of individual tenders of between 20,000 and 50,000 tonnes of wheat for shipment from Ma

Published 18 Feb, 2020 10:03am

Commodities

Turkey gets offers in 50,000 tonne durum wheat tender

Shipment was between March 1-20. No purchase has yet been made and price negotiations continue. The offer was

Published 18 Feb, 2020 09:53am

Commodities

Arid conditions in Ivory Coast endanger cocoa mid-crop

There was no rainfall last week in most of Ivory Coast's cocoa-growing regions, extending a spell of hot, dry weather that could weaken the looming mid-crop harvest, farmers said on Monday.