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Markets - Commodities

Wednesday, May 13, 2020

European wheat futures lower in thin trade
Commodities

European wheat futures lower in thin trade

European wheat futures edged lower on Monday in thin trading as the market waited for US government crop data for more clues on supply and demand and the outcome of a wheat tender by Algeria.
Published 13 May, 2020 12:07am
China cuts Australian beef imports
Commodities

China cuts Australian beef imports

China suspended imports from four major Australian beef suppliers Tuesday, just weeks after Beijing's ambassador warned of a consumer boycott in retaliation for Canberra's push to probe the origins of the coronavirus.
Published 13 May, 2020 12:07am
CBOT corn futures lower ahead of USDA report
Commodities

CBOT corn futures lower ahead of USDA report

Chicago Board of Trade corn futures ended lower on Monday on position-squaring a day ahead of a monthly US government crop report that is expected to project sharply rising domestic corn inventories, traders said.
Published 13 May, 2020 12:07am
US MIDDAY: Gold moves higher
Commodities

US MIDDAY: Gold moves higher

Gold rose on Tuesday on expectations of more stimulus from the US Federal Reserve to support an economy battered by coronavirus-induced restrictions, while an easing dollar lent further support.
Published 13 May, 2020 12:07am
Raw sugar up; coffee, cocoa slide
Commodities

Raw sugar up; coffee, cocoa slide

Raw sugar futures on ICE rose on Tuesday as oil prices recovered on production cut pledges, though weakness in the Brazilian real and worries over steep consumption falls amid the coronavirus pandemic kept gains in check.
Published 13 May, 2020 12:07am
Aluminium slides
Commodities

Aluminium slides

Aluminium slipped along with other industrial metals on Tuesday on worries about demand as new COVID-19 cases emerged in China and more data showed how global economies have been battered by the pandemic.
Published 13 May, 2020 12:07am
Palm oil hovers near 10-month low
Commodities

Palm oil hovers near 10-month low

Malaysian palm oil futures ended lower on Tuesday, hovering near a 10-month low hit last week, dragged by a higher-than-expected surge in April inventories amid slow exports due to the coronavirus pandemic.
Published 13 May, 2020 12:07am
Tokyo rubber falls
Commodities

Tokyo rubber falls

Tokyo Commodity Exchange (TOCOM) futures fell on Tuesday on deepening fears over a second wave of coronavirus infections after the Chinese city where the pandemic originated reported its first new cases since its lockdown was lifted.
Published 13 May, 2020 12:07am
Gold rises in Asia
Commodities

Gold rises in Asia

Gold rose on Tuesday on growing fears of a coronavirus resurgence in some countries and prospects of Sino-US tensions flaring further, though gains were capped by a stronger dollar.
Published 13 May, 2020 12:07am
Gold gains in Europe
Commodities

Gold gains in Europe

Gold rose on Tuesday on expectations of more stimulus from the US Federal Reserve to support an economy battered by coronavirus-induced restrictions, while an easing dollar lent further support.
Published 13 May, 2020 12:07am
France sees surge in maize plantings
Commodities

France sees surge in maize plantings

Maize plantings in France are expected to jump by nearly 11% this year as farmers switch to spring crops after adverse weather hit sowing of winter varieties, the French farm ministry said on Tuesday.
Published 13 May, 2020 12:07am
US MIDDAY: Corn climbs
Commodities

US MIDDAY: Corn climbs

Chicago corn hovered above neutral on Tuesday as the US Department of Agriculture (USDA) projected US new crop stocks at 3.318 billion bushels, the highest in 33 years, while old crop corn stocks were lower than expected.
Published 13 May, 2020 12:07am
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