News Archives for Markets - 2022-01-05

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Commodities

Indonesia talks on coal exports postponed as scores of ships in limbo

JAKARTA: Indonesian authorities postponed a meeting with coal mining companies on Wednesday, as scores of ships...

Updated 05 Jan, 2022 08:29pm

Commodities

Arabica coffee futures edge up, sugar prices slip

March New York cocoa was up 0.4% at $2,471 a tonne
March raw sugar was 0.5% lower at 18.66 cents per lb
March arabica coffee rose 0.04% to $2.3185 per lb

Published 05 Jan, 2022 07:42pm

Commodities

Power prices propel aluminium to 2-month peak

LONDON: Aluminium prices rose on Wednesday to their highest in more than two months as expectations of large ...

Published 05 Jan, 2022 07:04pm

Commodities

Gold sees uptick as investors focus on Fed for hike hints

Gold prices edged higher on Wednesday as rising Omicron variant coronavirus cases helped its safe-haven appeal, but...

Published 05 Jan, 2022 07:01pm

Commodities

Palm hits 9-week closing high on tight supply view, flood woes

KUALA LUMPUR: Malaysian palm oil futures ended Wednesday at a nine-week high, underpinned by forecasts of a drop in...

Published 05 Jan, 2022 06:41pm

Commodities

Iron ore futures rise in rangebound trade, restocking lifts spot price

Iron ore futures edged higher on Wednesday but were stuck in a narrow trading range, as restocking demand propelled...

Updated 05 Jan, 2022 11:41am

Commodities

NY cocoa may fall to $2,417

SINGAPORE: New York March cocoa may fall to $2,417 per tonne, as a bounce from the December 1, 2021 low of $2,333 ...

Published 05 Jan, 2022 11:09am

Commodities

Soybeans ease, losses curbed by concerns over South America dry weather

SINGAPORE: Chicago soybean ticked lower on Wednesday as prices eased after two sessions of strong gains, even as dry...

Published 05 Jan, 2022 11:07am

Commodities

London copper eases off 6-week high on dollar strength

London copper prices fell on Wednesday, retreating from a six-week high hit in the previous session, as the US ...

Published 05 Jan, 2022 11:06am

Commodities

CBOT wheat biased to retest $7.73-3/4

SINGAPORE: CBOT March wheat is biased to retest a resistance at $7.73-3/4 per bushel, a break above which could lead...

Published 05 Jan, 2022 11:03am

Commodities

Malaysia end-Dec palm oil stocks seen at 5-month low as output plunges

KUALA LUMPUR: Malaysia's palm oil inventories at the end of December likely shrunk to their lowest in five months,...

Published 05 Jan, 2022 11:01am

Commodities

CBOT soybeans may test resistance at $13.97-1/4

SINGAPORE: The CBOT soybean March contract may test a resistance at $13.97-1/4 per bushel, a break above which could...

Published 05 Jan, 2022 11:00am

Commodities

Palm oil faces resistance at 4,948 ringgit

SINGAPORE: Palm oil faces a resistance at 4,948 ringgit per tonne, a break above could lead to a gain into the...

Published 05 Jan, 2022 10:56am

Commodities

India spends record $55.7bn on gold imports in 2021

MUMBAI: India splurged a record $55.7 billion on gold imports in 2021, buying more than double the previous year’s...