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Markets - Commodities

Thursday, March 19, 2020

US MIDDAY: Gold slides over 3 percent
Commodities

US MIDDAY: Gold slides over 3 percent

Gold dropped as much as 3.6% on Wednesday as investors dumped precious metals in favour of cash after additional stimulus measures by the United States failed to calm markets hit by mounting fears over the economic downside from the coronavirus.
Published 19 Mar, 2020 12:00am
US MIDDAY: Corn tumbles; soya, wheat up
Commodities

US MIDDAY: Corn tumbles; soya, wheat up

US corn futures fell 2.4% to their lowest level in 3-1/2 years on Wednesday, with falling prices for crude oil cutting into demand from the ethanol market, traders said.
Published 19 Mar, 2020 12:00am
Paris wheat futures rise on euros steep fall
Commodities

Paris wheat futures rise on euros steep fall

Paris wheat futures rose on Tuesday, supported by a steep drop in the euro and a broad bounce in financial markets after Monday's massive fall on fears over the impact from the coronavirus pandemic. Rapeseed, which bore the brunt of losses on Euronext's c
Published 19 Mar, 2020 12:00am
China's steel futures fall on global coronavirus panic
Commodities

China's steel futures fall on global coronavirus panic

Benchmark steel futures in China pulled back on Tuesday after hitting near two-month highs in the previous session on rising worries over the coronavirus pandemic and its impact on the world economy. Construction steel rebar on the Shanghai Futures Exchan
Published 19 Mar, 2020 12:00am
Abundant rains boost Ivory Coast's cocoa mid-crop
Commodities

Abundant rains boost Ivory Coast's cocoa mid-crop

Well above-average rains punctuated by sun last week in most of Ivory Coast's cocoa-growing regions should boost the April to September mid-crop, farmers said on Monday. Ivory Coast, the world's top cocoa producer, is in its dry season from November to Ma
Published 19 Mar, 2020 12:00am
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