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Markets - Commodities

Friday, July 3, 2020

Raw sugar gains on improved macro data, China import hopes
Commodities

Raw sugar gains on improved macro data, China import hopes

  • October raw sugar edged up 0.07 cents, or 0.6%, to 12.24 cents per lb at 1211 GMT, having matched Thursday's 2-1/2 week peak of 12.25 cents earlier.
  • September arabica coffee fell 0.9 cents, or 0.9%, to $1.031 per lb, having hit its highest in more than a month earlier this week.
Published 03 Jul, 2020 07:23pm
Copper rally runs out of steam on worries about China demand
Exchange

Copper rally runs out of steam on worries about China demand

  • Copper has been the top gainer on the London Metal Exchange in recent months, rebounding 40%.
  • The technical indicators are flashing overbought conditions and there are signals that global growth is stalling after the strong recovery we've had.
Published 03 Jul, 2020 05:36pm
Palm oil reverses early gains as crude oil falls
Exchange

Palm oil reverses early gains as crude oil falls

  • The benchmark palm oil contract for September delivery on the Bursa Malaysia Derivatives Exchange closed down 0.13% to 2,359 ringgit ($550.53) a tonne.
  • Oil fell below $43 a barrel as a resurgence of coronavirus cases raised concerns that fuel demand growth could stall.
Published 03 Jul, 2020 05:21pm
PMEX daily trading report
Cotton

PMEX daily trading report

KARACHI: On Wednesday at Pakistan Mercantile Exchange Limited, PMEX Commodity Index closed at 4,422. The traded...
Updated 03 Jul, 2020 03:29am
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