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Archive

Markets - Commodities

Tuesday, February 25, 2020

Canadian canola futures slip
Commodities

Canadian canola futures slip

ICE Canadian canola futures slipped on Friday to a two-week low, pressured by overall bearish sentiment despite broader strength in vegetable oils.
Published 25 Feb, 2020 12:00am
Brazil's soyabean harvesting, port activity slows amid rains
Commodities

Brazil's soyabean harvesting, port activity slows amid rains

Intense rains in parts of Brazil have limited the advance of the soyabean harvest over the past few days while also delaying exports of the oilseed, agribusiness consultancy Arc Mercosul said on Friday. The country's 2019/2020 soyabean harvest had reached
Published 25 Feb, 2020 12:00am
Coffee trading in both Vietnam and Indonesia subdued
Commodities

Coffee trading in both Vietnam and Indonesia subdued

Coffee trading in both Vietnam and Indonesia was subdued this week, as Vietnamese farmers were not keen to sell at low prices, while Indonesian market awaited the arrival of new stocks, which were still a few months away.
Published 25 Feb, 2020 12:00am
CBOT corn hitting one week low
Commodities

CBOT corn hitting one week low

Chicago Board of Trade corn futures fell for the third day in a row on Friday, hitting one week low on forecasts for massive US supplies.
Published 25 Feb, 2020 12:00am
US MIDDAY: Gold surges to seven-year peak
Commodities

US MIDDAY: Gold surges to seven-year peak

Gold soared as much as 2.8% on Monday to its highest level in seven years, as investors worried about global economic growth in the face of sharply rising coronavirus cases outside China. Spot gold was up 1.9% at $1,674.40 per ounce by 12:26 p.m. EST (172
Published 25 Feb, 2020 12:00am
China iron ore marks longest rally since mid-2016
Commodities

China iron ore marks longest rally since mid-2016

China's iron ore futures rose on Friday, marking their longest streak of gains since June 2016, as concerns over tightening seaborne supplies of the steelmaking raw material pushed spot prices to four-week highs.
Published 25 Feb, 2020 12:00am
Sugar, coffee and cocoa prices fall
Commodities

Sugar, coffee and cocoa prices fall

Sugar, coffee and cocoa futures on ICE fell on Monday as the rapid spread of the coronavirus triggered broad-based weakness in commodity and equity markets. March raw sugar was down 0.30 cents, or 1.9%, at 15.29 cents per lb at 1513 GMT.
Published 25 Feb, 2020 12:00am
Gold soars to seven-year top in Europe
Commodities

Gold soars to seven-year top in Europe

Gold soared as much as 2.8% on Monday to its highest level in seven years, as investors worried about global economic growth in the face of sharply rising coronavirus cases outside China. Spot gold climbed 2.1% at $1,677.24 per ounce by 10:38 a.m. EST (15
Published 25 Feb, 2020 12:00am
US MIDDAY: Corn, soya, wheat plunge
Commodities

US MIDDAY: Corn, soya, wheat plunge

US grain and soya futures tumbled on Monday as fears over the rapid spread of the coronavirus outbreak beyond China dragged down broader markets and underpinned the dollar.
Published 25 Feb, 2020 12:00am