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Markets - Commodities

Thursday, July 16, 2020

London cocoa prices hit lowest level in nearly two years
Commodities

London cocoa prices hit lowest level in nearly two years

  • September London cocoa edged up 4 pounds, or 0.3%, to 1,538 pounds per tonne at 1404 GMT, having hit its lowest since October 2018 at 1,525.
  • October raw sugar was down 0.09 cents, or 0.8%, at 11.73 cents per lb, having closed up 4.4% on Wednesday.
Published 16 Jul, 2020 08:10pm
China buys more US soybeans
Commodities

China buys more US soybeans

  • Another 351,000 tonnes of soybeans were sold to buyers in unknown destinations, the USDA said. Traders and analysts said those soybeans also were likely headed to China.
  • China said on Thursday it will stick to the Phase 1 trade deal it reached with the United States earlier this year.
Published 16 Jul, 2020 07:58pm
Copper slips as Chinese data raises doubts over demand
Commodities

Copper slips as Chinese data raises doubts over demand

  • The metal used in power and construction reached $6,633 on Monday after a spectacular rally from $4,371 in March, when the coronavirus spread worldwide.
  • The head of the International Monetary Fund said the global economy is "not out of the woods yet".
Published 16 Jul, 2020 05:34pm
Palm oil jumps
Commodities

Palm oil jumps

KUALA LUMPUR: Malaysian palm oil futures extended gains for a fourth straight session on Wednesday, closing near a...
Published 16 Jul, 2020 02:38am
Gold inches up in NY
Currency

Gold inches up in NY

NEW YORK: Gold prices edged up on Wednesday, holding above the key $1,800 level, as a surge in coronavirus cases and...
Published 16 Jul, 2020 02:38am
Copper slides
Commodities

Copper slides

LONDON: Copper prices slipped on Wednesday as political tensions between the United States and China triggered a...
Published 16 Jul, 2020 02:38am
PMEX daily trading report
Currency

PMEX daily trading report

KARACHI: On Tuesday at Pakistan Mercantile Exchange Limited, PMEX Commodity Index closed at 4,483. The traded value...
Updated 16 Jul, 2020 03:07am
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