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Markets - Commodities

Friday, March 6, 2020

Gold jumps to over 1-week high in Europe
Commodities

Gold jumps to over 1-week high in Europe

Gold climbed over 1% to a more than one-week high on Thursday as worries over the global spread of the coronavirus spurred safe-haven flows and raised hopes of further monetary policy easing by major central banks.
Published 06 Mar, 2020 12:00am
Prices of most industrial metals climb
Commodities

Prices of most industrial metals climb

Prices of most industrial metals climbed on Thursday, supported by expectations of further measures from central banks and governments to shore up economic growth and demand weakened by the spread of the coronavirus.
Published 06 Mar, 2020 12:00am
Chinese iron ore futures rise on stimulus optimism
Commodities

Chinese iron ore futures rise on stimulus optimism

Chinese iron ore futures rebounded to close higher for a third straight session on Wednesday on optimism that further policy support will be rolled out to minimize the economic fallout from a global coronavirus outbreak.
Published 06 Mar, 2020 12:00am
Euronext wheat futures fall in step with Chicago
Commodities

Euronext wheat futures fall in step with Chicago

Euronext wheat futures fell on Wednesday in step with Chicago prices as wheat markets faced renewed technical pressure after a rebound the previous session linked to stimulus measures to counter the impact of a coronavirus outbreak.
Published 06 Mar, 2020 12:00am
Tunisia tenders to buy wheat and barley
Commodities

Tunisia tenders to buy wheat and barley

Tunisia's state grains agency has issued an international tender to purchase about 117,000 tonnes of soft wheat and 50,000 tonnes of animal feed barley, European traders said on Wednesday.
Published 06 Mar, 2020 12:00am
PASSCO all set to launch wheat procurement drive 2020
Commodities

PASSCO all set to launch wheat procurement drive 2020

The Pakistan Agricultural Storage & Services Corporation (PASSCO) is all set to launch its wheat procurement drive 2020 from Sindh & Balochistan from March 10, 2020, and in Punjab from April 01, 2020, with a target of buying total 1.6 million tons of grai
Published 06 Mar, 2020 12:00am
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