News Archives for Markets - 2021-01-21

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Commodities

Algeria bought about 390,000 tonnes wheat in tender on Wednesday

Algeria does not release the results of its tenders and reports are based on trade estimates.

Published 21 Jan, 2021 08:50pm

Commodities

Asia Coffee-Vietnam prices flat on week; Indonesia trade tepid

A shortage of shipping containers since last month has sent freight rates soaring and has also hindered exporters from shipping beans.

Published 21 Jan, 2021 08:49pm

Commodities

Gold steadies near 2-week high on dollar retreat

Spot gold was little changed at $1,871.10 per ounce by 1002 GMT, after hitting its highest since Jan. 8 at $1,874.86 earlier in the day. Bullion had gained 1.7% on Wednesday.

Published 21 Jan, 2021 08:40pm

Commodities

Palm ends two-day decline as floods raise supply worries

Palm oil prices are forecast to average at 2,800 ringgit ($694.96) a tonne this year, its highest since 2012, according to the poll.

Published 21 Jan, 2021 08:38pm

Commodities

Tunisia tenders to buy durum, soft wheat and barley

Shipment of all the grains was sought between Feb. 15 and March 25, depending on origin selected.

Published 21 Jan, 2021 06:52pm

Commodities

Global copper smelting rises in December, driven by China

Its global dispersion index rose to an average of 55.2 in December from 53.0 a month earlier.

Published 21 Jan, 2021 06:34pm

Commodities

Brazil coffee output may drop by 30.5% in off-year of biennial cycle

In Conab's first forecast for Brazil's new coffee crop, it said weather issues in the beginning of the season.

Published 21 Jan, 2021 06:30pm

Commodities

CBOT wheat may retest resistance at $6.74-3/4

Wheat is expected to rise towards this high again.

Published 21 Jan, 2021 01:53pm

Commodities

Ukraine wheat export prices exceed $300/T

Asking prices for 12.5% milling soft wheat added $2 a tonne and were quoted between $292 and $303 per tonne FOB Black Sea.

Published 21 Jan, 2021 12:40pm

Commodities

CBOT soybeans may test resistance at $13.90-1/2

The fall from this day high of $14.34-1/2 may consist of three parts. Only the first part is over, which will be partially reversed.

Published 21 Jan, 2021 11:51am

Commodities

CBOT corn may rise into $5.33-3/4 to $5.37-3/4 range

Support is at $5.21-1/2, a break below which could confirm the extension of the fall towards $5.09 to $5.15-1/4 range.

Published 21 Jan, 2021 11:49am

Commodities

Palm bounces back as floods raise output concerns

Palm climbs 2% after falling to over 2-month low.
Market anticipates lower production due to floods.

Published 21 Jan, 2021 11:49am

Commodities

Copper rises as stimulus hope fuels risk sentiment

LME aluminium increased 0.9% to $1,998.50 a tonne.
Nickel climbed 0.9% to $18,385 a tonne.

Published 21 Jan, 2021 10:33am

Commodities

Soybeans rise, hover near 1-1/2 wk low on easing LatAm supply woes

Soybeans firm after 3 days of losses, LatAm weather limits gains.
Broad-based gains in global markets support agricultural products.

Published 21 Jan, 2021 10:29am

Commodities

Gold scales 2-week high as dollar slips on stimulus optimism

Yields will dictate gold movement.
ECB monetary policy decision due at 1245 GMT.

Published 21 Jan, 2021 10:28am

Commodities

Spot gold may test resistance at $1,884

Gold has cleared a lower resistance at $1,867. It is heading towards the $1,884-$1,902 range.

Published 21 Jan, 2021 08:51am

Commodities

Pakistan Mercantile Exchange - PMEX

ISLAMABAD: Pakistan Mercantile Exchange - PMEX (Formerly National Commodity Exchange Limited - NCEL) Trading Summary...