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Markets - Commodities - 2021-02-23
Ivory Coast to launch agricultural commodities exchange in March
Commodities

Ivory Coast to launch agricultural commodities exchange in March

  • The agricultural commodities exchange will provide a price benchmark that serves as a basis for negotiating national and international commercial contracts.
  • The exchange also expects to eventually list natural rubber and palm oil, but has not indicated any plans for Ivory Coast's top export, cocoa, which is traded on international markets.
Published 23 Feb, 2021 08:53pm
Palm oil gains 2% as crude, soyoil rise
Commodities

Palm oil gains 2% as crude, soyoil rise

  • The benchmark palm oil contract for May delivery on the Bursa Malaysia Derivatives Exchange rose 74 ringgit, or 2.1%, to 3,618 ringgit ($895.32) a tonne during early trade.
Published 23 Feb, 2021 12:09pm
US MIDDAY: Wheat rises
Commodities

US MIDDAY: Wheat rises

CHICAGO: US wheat futures rose on Monday as traders focused on the condition of the crop after severe cold snaps in...
Published 23 Feb, 2021 05:20am
Gold prices slightly up
Commodities

Gold prices slightly up

KARACHI: Gold prices on Monday gained some momentum on the local market, traders said. An increase of Rs 400 in the...
Published 23 Feb, 2021 05:20am
Gold rises in Europe
Commodities

Gold rises in Europe

LONDON: Gold prices bounced back on Monday from a more than seven-month low hit in the previous session, shrugging...
Published 23 Feb, 2021 05:20am