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Markets - Commodities

Friday, March 20, 2020

US MIDDAY: Gold drops 1 percent
Commodities

US MIDDAY: Gold drops 1 percent

Gold prices slipped more than 1% on Thursday as the dollar jumped to multi-year highs, with the coronavirus pandemic threatening to cripple economic activity and prompting investors to sell assets to keep their money in cash.
Published 20 Mar, 2020 12:00am
US MIDDAY: Corn, soya and wheat up
Commodities

US MIDDAY: Corn, soya and wheat up

US corn, soyabean and wheat futures rallied on Thursday, supported by technical buying and hopes for a pick-up in export demand as recent price declines made US supplies more attractive to overseas buyers.
Published 20 Mar, 2020 12:00am
Palm oil ends lower
Commodities

Palm oil ends lower

Malaysian palm oil futures closed lower on Thursday as worries deepened over the damage to global demand due to coronavirus.
Published 20 Mar, 2020 12:00am
Raw sugar plumbs 1-1/2-year lows
Commodities

Raw sugar plumbs 1-1/2-year lows

Raw sugar futures on ICE hit new 1-1/2 year lows on Thursday over concerns that in energy prices in Brazil will prompt mills there to produce more sugar at the expense of ethanol, a cane-based biofuel.
Published 20 Mar, 2020 12:00am
CBOT corn crashes to 3-1/2-year low
Commodities

CBOT corn crashes to 3-1/2-year low

Chicago Board of Trade corn futures slid 2.2% to their lowest since September 2016 on Wednesday on expectations that demand for ethanol will crater as oil prices fall due to the coronavirus pandemic, traders said.
Published 20 Mar, 2020 12:00am
European wheat prices up on sharp rise in Chicago
Commodities

European wheat prices up on sharp rise in Chicago

European wheat prices rose on Wednesday, boosted by a sharp rise in Chicago and a slump in the value of the euro against the dollar, while traders struggled to assess the impact of the coronavirus crisis on global grain demand.
Published 20 Mar, 2020 12:00am
China's iron ore futures rise
Commodities

China's iron ore futures rise

China's iron ore futures rose on Wednesday on further policy support for an economy battered by the coronavirus pandemic, before closing well off the session's peak that was the highest in more than seven months.
Published 20 Mar, 2020 12:00am
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