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Markets - Commodities

Friday, April 3, 2020

CBOT corn futures hit fresh lows
Commodities

CBOT corn futures hit fresh lows

Chicago Board of Trade corn futures fell for a fourth straight session on Wednesday and hit fresh lows in most contracts as coronavirus fears hammered broader markets and government data showed a steep drop in ethanol output, traders said.
Published 03 Apr, 2020 12:00am
PMEX daily trading report
Commodities

PMEX daily trading report

On Wednesday at Pakistan Mercantile Exchange Limited, PMEX Commodity Index closed at 3,484. The traded value of metals, energy and COTS/FX was recorded at PKR 5.148 billion and the number of lots traded was 14,144.
Published 03 Apr, 2020 12:00am
US MIDDAY: Gold rises
Commodities

US MIDDAY: Gold rises

Gold prices jumped over 1% on Thursday, as record high US jobless claims for a second week in a row intensified fears of economic damage due to the coronavirus and drove investors towards the safe-haven metal.
Published 03 Apr, 2020 12:00am
Euronext wheat falls to one week low
Commodities

Euronext wheat falls to one week low

Euronext wheat fell on Wednesday to one week low, pressured by a drop in Chicago as futures retreated from recent highs but still underpinned by strong export demand for European supplies. Benchmark May milling wheat futures on Paris-based Euronext settle
Published 03 Apr, 2020 12:00am
Canadian canola futures fall
Commodities

Canadian canola futures fall

ICE Canadian canola futures fell on Wednesday, pressured by weakness in soyabeans and a sinking stock market. Canola crush margins worsened and canola prices appear to have further downside, a trader said.
Published 03 Apr, 2020 12:00am
CBOT wheat futures fall on firmer dollar
Commodities

CBOT wheat futures fall on firmer dollar

Chicago Board of Trade wheat futures ended down on Wednesday, with the most active contract seeing its biggest percentage drop in 7-1/2 months as the dollar firmed and coronavirus fears dragged down broader markets, traders said.
Published 03 Apr, 2020 12:00am
Aluminium prices pinned at four-year low
Commodities

Aluminium prices pinned at four-year low

Aluminium fell for a fourth straight session on Thursday as China factory activity showed minimal growth in March, adding to concerns about falling metals demand and a ballooning supply glut as the coronavirus outbreak spreads further.
Published 03 Apr, 2020 12:00am
Gold jumps in Europe
Commodities

Gold jumps in Europe

Gold prices jumped over 1% on Thursday, as record high US jobless claims for a second week in a row intensified fears of economic damage due to the coronavirus and drove investors towards the safe-haven metal.
Published 03 Apr, 2020 12:00am
US MIDDAY: Wheat tumbles
Commodities

US MIDDAY: Wheat tumbles

US wheat futures fell for a fourth straight session on Thursday, extending prior-day losses that were the worst in 7-1/2 months as weak US export sales data stoked concerns about the coronavirus pandemic destroying demand.
Published 03 Apr, 2020 12:00am
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