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Markets - Commodities

Friday, September 11, 2020

China maintains strong demand for US corn, soy
Commodities

China maintains strong demand for US corn, soy

  • A USDA report released Friday showed that export sales of soybeans to China totaled 1.608 million tonnes in the week ended Sept. 3
  • China also has been ramping up its US corn imports, as the country faces its first real corn shortfall of corn in years.
Published 11 Sep, 2020 08:16pm
Brazil coffee farmers see losses from drought in 2021 crop
Commodities

Brazil coffee farmers see losses from drought in 2021 crop

  • Social media chat groups frequented by coffee farmers in Brazil have been flooded in recent days with pictures and videos of crops in bad shape.
  • Market players, however, believe coffee fields will regain strength once rains arrive between late September and early October.
Published 11 Sep, 2020 06:12pm
Gold slips as ECB gives no stimulus cue
Commodities

Gold slips as ECB gives no stimulus cue

  • Spot gold was down 0.5% at $1,945.18 per ounce by 1040 GMT, after hitting its highest level since Sept. 2 at $1,965.94 on Thursday. Gold has gained 0.7% this week.
  • US gold futures fell 0.6% to $1,953.40.
Updated 11 Sep, 2020 06:11pm
China demand, historically low stocks boost copper
Commodities

China demand, historically low stocks boost copper

  • Copper should remain supported in the mid $6,000s. Much of the risk in the short term comes from non-copper specific factors.
  • A lower US currency makes dollar-priced metals cheaper for holders of other currencies, which could boost demand.
Published 11 Sep, 2020 05:32pm
Palm oil slips
Exchange

Palm oil slips

KUALA LUMPUR: Malaysian palm oil futures inched down on Thursday, falling for a second straight day on...
Published 11 Sep, 2020 02:42am
Japan's rubber recovers
Commodities

Japan's rubber recovers

TOKYO: Japanese rubber futures jumped on Thursday as investors looked for bargains after the prices hit a two-week...
Published 11 Sep, 2020 02:42am
Gold jumps in Europe
Commodities

Gold jumps in Europe

LONDON: Gold rose to its highest level on over week on Thursday, as the dollar retreated on weaker-than-expected US...
Published 11 Sep, 2020 02:42am
US MIDDAY: Corn climbs
Exchange

US MIDDAY: Corn climbs

CHICAGO: US corn futures climbed to their highest in five months on Thursday as news of a swine disease in Germany...
Published 11 Sep, 2020 02:42am
US MIDDAY: Gold rises
Commodities

US MIDDAY: Gold rises

NEW YORK: Gold jumped 1% on Thursday, as the dollar weakened after the European Central Bank kept its policy...
Published 11 Sep, 2020 02:42am
PMEX daily trading report
Cotton

PMEX daily trading report

KARACHI: On Wednesday, PMEX traded value of metals, energy, COTS/FX and indices was recorded at PKR 8.523 billion ...
Published 11 Sep, 2020 02:42am
Gold price surges
Commodities

Gold price surges

KARACHI: Gold surged by Rs1900 to Rs115000 per tola on Thursday in the local market, traders said. The precious ...
Published 11 Sep, 2020 02:42am
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