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Markets - Commodities

Friday, April 10, 2020

US MIDDAY: Gold hits one-month peak
Commodities

US MIDDAY: Gold hits one-month peak

Gold prices surged over 2.5% to their highest in a month on Thursday after the US Federal Reserve announced a massive stimulus to combat the economic toll of the coronavirus pandemic.
Published 10 Apr, 2020 12:00am
US MIDDAY: Corn slips
Commodities

US MIDDAY: Corn slips

Chicago corn futures erased overnight gains in mid-day trading on Thursday, as ethanol demand destruction overshadowed strong US export sales and a jump in crude oil prices.
Published 10 Apr, 2020 12:00am
China's steel futures extend gains on rising demand
Commodities

China's steel futures extend gains on rising demand

Steel futures in China rose for a second consecutive session on Wednesday after the two-month lockdown in the Chinese city of Wuhan ended, raising hopes of an increase in demand as economic activities resume in the country.
Published 10 Apr, 2020 12:00am
Brazil's corn exports fall on strong domestic demand
Commodities

Brazil's corn exports fall on strong domestic demand

Brazilian corn exports slumped 51% by value in the first quarter, according to data compiled by farm lobby group CNA, reflecting strong demand for livestock feed in the domestic market and a sharp reduction in inventories.
Published 10 Apr, 2020 12:00am
Low river level in Argentina reduces corn and soya loading
Commodities

Low river level in Argentina reduces corn and soya loading

A drop in the water level of Argentina's Parana River has forced agro-export companies to load less merchandise on ships, the local ports chamber said on Wednesday, adding a new problem to a sector beset by bottlenecks due to the coronavirus outbreak.
Published 10 Apr, 2020 12:00am
Canadian canola futures rise
Commodities

Canadian canola futures rise

ICE Canadian canola futures edged up on Wednesday. It was a pretty uneventful day on the canola market, a trader said, adding traders are waiting for some market direction from a US Department of Agriculture (USDA) report expected Thursday. May canola gai
Published 10 Apr, 2020 12:00am
European wheat rises on strong exports
Commodities

European wheat rises on strong exports

European wheat briefly hit a more than 1-1/2 year high on Wednesday before paring gains, supported by strong export flows but with concerns about a cut in demand due to a slowdown in the economy from the coronavirus crisis capping the rise.
Published 10 Apr, 2020 12:00am
CBOT wheat down ahead of WASDE report
Commodities

CBOT wheat down ahead of WASDE report

Chicago Board of Trade wheat futures fell Wednesday, as investors squared up positions ahead of the US Department of Agriculture's World Agriculture Supply and Demand Estimates (WASDE) report Thursday, traders said.
Published 10 Apr, 2020 12:00am
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