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Markets - Commodities

Wednesday, April 1, 2020

Russian wheat export prices jump
Commodities

Russian wheat export prices jump

Russian wheat export prices jumped alongside European benchmarks last week while domestic prices were tempered by higher supply from farmers selling to raise cash for spring sowing, analysts said on Monday.
Published 01 Apr, 2020 12:00am
US MIDDAY: Gold dips over 2 percent
Commodities

US MIDDAY: Gold dips over 2 percent

Gold prices dipped over 2% to their lowest level in a week on Tuesday as the dollar firmed, but the metal was on track for a sixth straight quarterly rise on concerns about the global economic damage caused by the coronavirus pandemic.
Published 01 Apr, 2020 12:00am
European wheat prices steady on brisk exports
Commodities

European wheat prices steady on brisk exports

European wheat prices were steady on Monday as a strong export pace continued to support the market, while traders assessed the consequences of the coronavirus epidemic, including a plan by top wheat exporter Russia to cap grain shipments.
Published 01 Apr, 2020 12:00am
CBOT soyabean futures mixed
Commodities

CBOT soyabean futures mixed

Chicago Board of Trade soyabean futures ended mixed on Monday as worries that the coronavirus pandemic could curb South American soya shipments largely offset spillover pressure from the sinking corn market, traders said.
Published 01 Apr, 2020 12:00am
Iron ore futures fall in China and Singapore
Commodities

Iron ore futures fall in China and Singapore

Iron ore futures in China and Singapore fell on Monday on renewed doubts over whether massive worldwide stimulus measures will be enough to buttress a global economy hammered by the coronavirus pandemic.
Published 01 Apr, 2020 12:00am
CBOT wheat futures mostly higher
Commodities

CBOT wheat futures mostly higher

Chicago Board of Trade wheat futures ended mostly higher on Monday as a Russian plan to cap grain exports for the rest of the season amid the coronavirus pandemic stirred hopes for accelerated US exports, traders said.
Published 01 Apr, 2020 12:00am
Copper suffers worst quarter since 2011
Commodities

Copper suffers worst quarter since 2011

Copper prices rose on Tuesday after data showed an unexpected rebound in factory activity in China, but were set for their worst quarter since 2011 as the coronavirus outbreak shut down swathes of the global economy, reducing the need for metals.
Published 01 Apr, 2020 12:00am
Malaysian palm oil ends lower
Commodities

Malaysian palm oil ends lower

Malaysian palm oil futures closed lower on Tuesday, as demand concerns due to coronarivus-driven global shutdowns outweighed supply disruptions in the world's second-largest palm producer.
Published 01 Apr, 2020 12:00am
Gold falls in Asia
Commodities

Gold falls in Asia

Gold prices fell on Tuesday as the dollar firmed and as shares rose on hopes of a rebound in China economic activity, while safe-haven demand amid concerns over the coronavirus outbreak kept the metal on track for its sixth straight quarterly gain.
Published 01 Apr, 2020 12:00am
US MIDDAY: Corn drops on USDA forecast
Commodities

US MIDDAY: Corn drops on USDA forecast

US corn futures fell on Tuesday after the US Department of Agriculture (USDA) forecast 2020 plantings well above trade expectations at the largest in eight years, while soyabeans firmed on a lower-than-anticipated acreage outlook.
Published 01 Apr, 2020 12:00am
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