News Archives for Markets - 2021-12-15

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Commodities

Industrial metals fall as Chinese data weakens demand outlook

LONDON: Prices of copper and other industrial metals fell on Wednesday as data from China, the biggest consumer,...

Published 15 Dec, 2021 06:29pm

Commodities

Arabica coffee climbs on crop concerns, sugar slips

March London cocoa rose 0.1% to 1,707 pounds a tonne
March raw sugar fell 1% to 19.46 cents per lb
March arabica coffee was up 0.6% to $2.3860 per lb

Published 15 Dec, 2021 06:11pm

Commodities

Gold anchors near two-week low as Fed decision looms

Gold prices stabilised near a two-week low on Wednesday, as investors await the US Federal Reserve's decision on the...

Published 15 Dec, 2021 06:04pm

Commodities

Palm slumps to over two-month low as Dec. 1-15 exports drop

KUALA LUMPUR: Malaysian palm oil futures plunged to their lowest in two-and-a-half months on Wednesday, dragged by a...

Updated 15 Dec, 2021 05:06pm

Commodities

NY cocoa may retest resistance at $2,535

As long as cocoa hovers above $2,497, it may keep rising towards $2,598

Published 15 Dec, 2021 12:53pm

Commodities

CBOT wheat may break $7.65-3/4 and fall more

SINGAPORE: CBOT March wheat may retest a support at $7.65-3/4 per bushel, with a good chance of breaking below this...

Published 15 Dec, 2021 12:51pm

Commodities

China Nov aluminium output slips on month after smelter blast

China's aluminium output fell slightly in November from the previous month, official data showed on Wednesday, hit ...

Published 15 Dec, 2021 10:09am

Commodities

US wheat eases as better supply outlook weighs

BEIJING: Chicago wheat futures fell on Wednesday, dragged down by expectations of large incoming crop supplies, with...

Published 15 Dec, 2021 10:06am

Commodities

China steel prices hit one-week highs on upbeat industrial output data

Chinese steel futures jumped on Wednesday to their highest in a week, after data showed industrial output in the...

Published 15 Dec, 2021 10:05am

Commodities

CBOT soybeans may test $12.68-1/4

SINGAPORE: The CBOT soybean January contract may test a resistance at $12.68-1/4 per bushel, a break above could ...

Published 15 Dec, 2021 10:03am

Commodities

London copper flat as investors eye crucial Fed decision

London copper prices, often used to gauge global economic health, were flat on Wednesday as investors cautiously...

Published 15 Dec, 2021 10:03am

Commodities

China coal output hits record in Nov to ensure winter supply

BEIJING: China's coal output hit a record high in November as Beijing urged miners to ramp up production to ensure...

Published 15 Dec, 2021 09:57am

Commodities

Palm oil hits near 2-week low on weak Dec export view

KUALA LUMPUR: Malaysian palm oil futures hit a near two-week low on Wednesday, dragged by weakness in rival edible...

Published 15 Dec, 2021 09:57am

Commodities

Palm oil may fall to 4,555 ringgit; prices set to crash further

This latest move is very bearish, as the channel suggests a target around 3,936 ringgit

Published 15 Dec, 2021 09:49am

Commodities

CBOT soybeans sag on technical selling, weekend rains in Argentina

CHICAGO: Chicago Board of Trade soybean futures fell nearly 2% on Monday on a mix of technical selling after last...