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Archive

Markets - Commodities

Tuesday, February 16, 2021

Raw sugar climbs on improving economic outlook
Commodities

Raw sugar climbs on improving economic outlook

  • May arabica coffee rose by 1.45 cents, or 1.2%, to $1.2450 per lb.
  • May London cocoa fell by 8 pounds, or 0.5%, to 1,654 pounds a tonne with the strength of sterling against the dollar weighing on prices.
  • March raw sugar rose by 0.18 cents, or 1.1%, to 16.56 cents per lb.
Published 16 Feb, 2021 07:43pm
Copper touches fresh 2012 peak in thin trade on recovery hopes
Commodities

Copper touches fresh 2012 peak in thin trade on recovery hopes

  • Tuesday is the third successive session that LME copper has hit fresh multi-year peaks, having rallied by 93% since March last year.
  • Some investors see current high prices as the start of a new bull market, but analyst Carsten Menke at Julius Baer in Zurich is wary.
Published 16 Feb, 2021 06:10pm
Coal India is in the pits of climate activism
Commodities

Coal India is in the pits of climate activism

  • The effort, though, may be the start of something larger. And if Coal India can minimise its financial outlay as it taps into the hyper-hot fields of green investment that could help it scrape out of the investor pits.
Published 16 Feb, 2021 01:05pm
Tokyo rubber rises
Commodities

Tokyo rubber rises

TOKYO: Japanese rubber futures rose nearly 6% on Monday after official figures showed that Japan’s economy had...
Published 16 Feb, 2021 04:07am