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Archive

Markets - Commodities

Friday, May 29, 2020

Chinese steel rebar futures extend fall
Commodities

Chinese steel rebar futures extend fall

Chinese steel rebar futures extended falls into a fourth session on Wednesday, dragged by worries over consumption due to rains in the southern parts of the country.
Published 29 May, 2020 12:05am
Wheat flour prices sky-rocketing
Commodities

Wheat flour prices sky-rocketing

Wheat flour price has suddenly jumped by Rs220 per 20 kg bag from Rs760 per bag ex-mill price to Rs980 per bag, traders told Business Recorder here on Thursday.
Published 29 May, 2020 12:05am
Key Brazil port resumes loading of grains
Commodities

Key Brazil port resumes loading of grains

Loading of grains and other products at the port of Paranaguá, Brazil's second largest, resumed normally on Wednesday after a case of COVID-19 paralyzed work in berth 214 for about 24 hours, according to the port authority.
Published 29 May, 2020 12:05am
Canadian canola futures fall
Commodities

Canadian canola futures fall

ICE Canadian canola futures dipped on Wednesday, giving up gains after a Canadian judge ruled against a Chinese executive held in an extradition case.
Published 29 May, 2020 12:05am
Euronext wheat falls to one week low
Commodities

Euronext wheat falls to one week low

Euronext wheat touched one week low on Wednesday as widespread rain expected in Black Sea exporting countries Russia and Ukraine eased concerns about dry weather damage to wheat crops.
Published 29 May, 2020 12:05am
CBOT soyabean futures hit two-week high
Commodities

CBOT soyabean futures hit two-week high

US soyabean futures scaled to a two-week peak on Wednesday on slower-than-expected US plantings and forecasts for more rain in some parts of the Midwest and a longer term dry spell in others.
Published 29 May, 2020 12:05am
Germany's second largest sugar refiner cuts losses
Commodities

Germany's second largest sugar refiner cuts losses

Germany's second largest sugar refiner Nordzucker reported reduced losses on Wednesday and said it hopes to return to profit in its new financial year as easing coronavirus lockdowns stabilise sugar prices and demand.
Published 29 May, 2020 12:05am
US corn futures edge higher
Commodities

US corn futures edge higher

US corn futures edged higher on Wednesday as rainy conditions around the Midwest slowed the brisk pace of planting, but gains were capped by continued concerns about soft demand and ample supplies of the grain.
Published 29 May, 2020 12:05am