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Markets - Commodities

Wednesday, April 15, 2020

China's iron ore futures hit four-week high
Commodities

China's iron ore futures hit four-week high

Benchmark iron ore futures in China closed at a four-week high on Tuesday, as lower shipments from big miners in Australia and Brazil stoked concerns over the steelmaking ingredient's supply amid resilient demand in the country.
Published 15 Apr, 2020 12:00am
CBOT soyabean futures sink
Commodities

CBOT soyabean futures sink

Chicago Board of Trade soyabean futures dropped on Monday as concerns about livestock feed demand dragged down soyameal futures prices, traders said.
Published 15 Apr, 2020 12:00am
US MIDDAY: Gold soars nearly 2pc
Commodities

US MIDDAY: Gold soars nearly 2pc

Gold soared nearly 2% to hit its highest since late 2012 on Tuesday, with investors rushing to the safety of bullion as the coronavirus ravaged economies worldwide and triggered the rollout of huge stimulus plans.
Published 15 Apr, 2020 12:00am
Steel merchants call for tax relief
Commodities

Steel merchants call for tax relief

The All Iron Steel Merchants Association (AISMA) has called for tax relief measures to safeguard the interests of the business community in the wake of the coronavirus pandemic.
Published 15 Apr, 2020 12:00am
Tokyo rubber falls for third day
Commodities

Tokyo rubber falls for third day

Tokyo Commodity Exchange (TOCOM) futures fell for a third day on Tuesday, tracking a drop in prices on the much more active Shanghai futures exchange.
Published 15 Apr, 2020 12:00am
Malaysian palm oil edges up
Commodities

Malaysian palm oil edges up

Malaysian palm oil futures recouped early losses on Tuesday supported by the prospect of a lower-than-expected fall in exports between April 1-15, although concerns over rising stockpiles due to slowing demand capped gains.
Published 15 Apr, 2020 12:00am
Sugar, coffee and cocoa down
Commodities

Sugar, coffee and cocoa down

Raw sugar prices fell on Tuesday as oil prices continued to retreat, raising concern that cane mills in Brazil will ramp up sugar output at the expense of ethanol, a cane-based biofuel.
Published 15 Apr, 2020 12:00am
Gold climbs in Asia
Commodities

Gold climbs in Asia

Gold prices rose to their highest in more than seven years on Tuesday as concerns over global economic growth and a wave of fiscal and monetary measures from major central banks lifted bullion's appeal.
Published 15 Apr, 2020 12:00am
Gold rallies to 7-1/2 year peak in Europe
Commodities

Gold rallies to 7-1/2 year peak in Europe

Gold soared nearly 2% to hit its highest since late 2012 on Tuesday, with investors rushing to the safety of bullion as the coronavirus ravaged economies worldwide and triggered the rollout of huge stimulus plans.
Published 15 Apr, 2020 12:00am
US MIDDAY: Soyabeans fall further
Commodities

US MIDDAY: Soyabeans fall further

Chicago soyabean futures slid lower on Tuesday as the risk of a drop in demand for livestock feed due the closure of several US meat packing plants hung over the market.
Published 15 Apr, 2020 12:00am
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