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Markets - Commodities

Thursday, April 9, 2020

Aluminium slips to 4-year low, copper falls
Commodities

Aluminium slips to 4-year low, copper falls

Aluminium prices slipped to their lowest level in more than four years on Wednesday as falling demand due to the new coronavirus and expectations of a large surplus this year were reinforced by rising stocks.
Published 09 Apr, 2020 12:00am
European wheat little changed despite US price falls
Commodities

European wheat little changed despite US price falls

European wheat was little changed on Tuesday as the market weighed up the positive factors of brisk short-term export demand and dry weather in Europe against good US wheat crop conditions which pushed Chicago futures lower.
Published 09 Apr, 2020 12:00am
CBOT corn futures rise on short covering
Commodities

CBOT corn futures rise on short covering

Chicago corn futures prices gained traction on Tuesday as energy prices firmed earlier in the session, a bit of relief from seven days of consecutive losses that plunged corn prices to 3-1/2 year lows, traders said.
Published 09 Apr, 2020 12:00am
US MIDDAY: Gold little changed
Commodities

US MIDDAY: Gold little changed

Gold prices held steady on Wednesday as investors awaited the release of minutes from the US Federal Reserve's policy meeting, which is expected to provide further clues on stimulus measures amid rapid surge in coronavirus cases.
Published 09 Apr, 2020 12:00am
Tokyo rubber up, helped by Shanghai rally
Commodities

Tokyo rubber up, helped by Shanghai rally

Tokyo Commodity Exchange (TOCOM) futures rose for a fourth session on Wednesday, hitting a more than 2-week high, supported by a rally in Shanghai futures, although it gave up some gains in late trade.
Published 09 Apr, 2020 12:00am
Malaysian palm oil ends higher
Commodities

Malaysian palm oil ends higher

Malaysian palm oil futures ended higher on Wednesday as supply disruption worries arose after Malaysia upheld its decision to temporarily close plantations and mills to contain the spread of the coronavirus.
Published 09 Apr, 2020 12:00am
Gold drops in New York
Commodities

Gold drops in New York

Gold prices fell over 1% on Tuesday, retreating from a near one-month high hit earlier in the session, as signs of slowdown in coronavirus cases in major epicenters boosted equity markets, drawing away some of the bullion's safe-haven appeal.
Published 09 Apr, 2020 12:00am
Gold rises in Asia
Commodities

Gold rises in Asia

Gold prices gained in volatile trade on Wednesday amid weakening appetite for risk as rising deaths dampened hopes for a swift containment of the novel coronavirus.
Published 09 Apr, 2020 12:00am
Gold prices hold steady in European trade
Commodities

Gold prices hold steady in European trade

Gold prices held steady on Wednesday as investors awaited the release of minutes from the US Federal Reserve's policy meeting, which is expected to provide further clues on stimulus measures amid rapid surge in coronavirus cases.
Published 09 Apr, 2020 12:00am
Ukraine grain export jumps to record 47m tonnes
Commodities

Ukraine grain export jumps to record 47m tonnes

Ukraine's grain exports have reached a record 47 million tonnes so far in the 2019/20 season that began last July, up 21% year on year, the Ministry for Development of Economy, Trade and Agriculture said on Wednesday.
Published 09 Apr, 2020 12:00am
US MIDDAY: Corn futures slump
Commodities

US MIDDAY: Corn futures slump

Chicago corn futures slumped on Wednesday, giving up part of their previous session's gains, as the US government reported the US ethanol industry saw a near-decade low in weekly production amid massive stocks.
Published 09 Apr, 2020 12:00am
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