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Markets - Commodities

Saturday, March 21, 2020

US MIDDAY: Gold rises
Commodities

US MIDDAY: Gold rises

Gold rebounded on Friday, rising as much as 3.1%, as a wave of fiscal and monetary stimulus by global central banks to counter the economic impact from coronavirus spread halted investors lure for cash.
Published 21 Mar, 2020 12:00am
Gold rebounds in Europe
Commodities

Gold rebounds in Europe

Gold rebounded on Friday, rising as much as 3.1%, as a wave of fiscal and monetary stimulus by global central banks to counter the economic impact from coronavirus spread halted investors lure for cash. Spot gold was up 1.7% at $1,495.37 per ounce at 11:0
Published 21 Mar, 2020 12:00am
Raw sugar soars
Commodities

Raw sugar soars

Raw sugar futures on ICE jumped by about 5% on Friday as financial markets rebounded after central banks and governments poured unprecedented aid into the global economy in an effort to halt a coronavirus-driven recession.
Published 21 Mar, 2020 12:00am
Malaysian palm oil up three percent
Commodities

Malaysian palm oil up three percent

Malaysian palm oil futures jumped 3% on Friday, tracking a rally in crude oil and global markets, despite a sharp fall in March exports. The benchmark palm oil contract for June delivery on the Bursa Malaysia Derivatives Exchange closed up 68 ringgit, or
Published 21 Mar, 2020 12:00am
South Korea buys about 69,000 tonnes of corn
Commodities

South Korea buys about 69,000 tonnes of corn

South Korea's Major Feedmill Group (MFG) purchased about 69,000 tonnes of corn to be sourced from optional origins in an international tender which closed on Wednesday, European traders said. The corn was bought at $192.99 a tonne on a cost and freight (c
Published 21 Mar, 2020 12:00am
CBOT wheat futures rise on rising demand
Commodities

CBOT wheat futures rise on rising demand

CBOT wheat futures rose on Thursday on expectations of rising demand for pasta and other products that home-bound consumers were likely to eat as the world weathers the coronavirus pandemic, traders said. There also was talk of Chinese purchasers asking q
Published 21 Mar, 2020 12:00am
CBOT corn futures jump
Commodities

CBOT corn futures jump

Chicago Board of Trade corn futures jumped 2.9% on Thursday, snapping a streak of three straight losing sessions. Traders noted a round of bargain buying after the most-active contract hit its lowest on a continuous basis since September 2016 on Wednesday
Published 21 Mar, 2020 12:00am
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