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Archive

Markets - Commodities

Thursday, April 16, 2020

CBOT wheat futures slip despite frost fears
Commodities

CBOT wheat futures slip despite frost fears

Chicago Board of Trade wheat futures fell on Tuesday as strong global crop prospects outweighed a cold snap in the southern US Great Plains that could trim production, traders said.
Published 16 Apr, 2020 12:00am
US MIDDAY: Gold down
Commodities

US MIDDAY: Gold down

Gold prices fell on Wednesday, a day after scaling over seven-year highs, as the dollar firmed and investors booked profits, although concerns of a global recession put a floor under prices.
Published 16 Apr, 2020 12:00am
CBOT corn futures sink amid coronavirus crisis
Commodities

CBOT corn futures sink amid coronavirus crisis

US corn futures fell for a second straight session on Tuesday on demand worries as coronavirus restrictions limit travel and ethanol fuel use, and as weak livestock prices stoke fears of herd contraction, traders said.
Published 16 Apr, 2020 12:00am
Copper falls on recession fear
Commodities

Copper falls on recession fear

Copper fell on Wednesday as moves by China's central bank to bolster the economy were overshadowed by predictions of a deep global recession, which drove down stock markets and oil prices.
Published 16 Apr, 2020 12:00am
Raw sugar hits 1-1/2 year low
Commodities

Raw sugar hits 1-1/2 year low

Raw sugar hit 1-1/2 year lows below 10 cents per lb on Wednesday as the impact of coronavirus-related lockdowns again hammered oil prices and tempted Brazilian cane mills to increase sugar output at the expense of the biofuel ethanol.
Published 16 Apr, 2020 12:00am
Malaysian palm oil up
Commodities

Malaysian palm oil up

Malaysian palm oil futures ended higher on Wednesday, in line with gains in Dalian oil prices, although weaker crude prices and falling exports due to coronavirus-led lockdowns capped gains.
Published 16 Apr, 2020 12:00am
Gold dips in Europe
Commodities

Gold dips in Europe

Gold prices fell on Wednesday, a day after scaling over seven-year highs, as the dollar firmed and investors booked profits, although concerns of a global recession put a floor under prices.
Published 16 Apr, 2020 12:00am