News Archives for Markets - 2022-01-06

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Commodities

Raw sugar hits five-month low; coffee and cocoa also fall

March New York cocoa fell 0.9% to $2,435 a tonne
March robusta coffee fell 0.4% to $2,310 a tonne
March raw sugar dipped 0.1% to 18.33 cents per lb

Published 06 Jan, 2022 07:45pm

Commodities

Gold hits one-week low on Fed interest rate signals

Gold prices slid to a one-week low on Thursday as minutes of the US Federal Reserve's December meeting signalled...

Published 06 Jan, 2022 06:34pm

Commodities

Asia Rice: Thai traders bank on high overseas demand; strong rupee lifts India rates

Export prices of rice from Thailand touched their highest level in nearly three months this week as traders...

Published 06 Jan, 2022 06:33pm

Commodities

Base metals fall on hawkish US Fed signals

LONDON: Industrial metals prices eased on Thursday after minutes from the US Federal Reserve's December meeting...

Published 06 Jan, 2022 06:00pm

Commodities

Palm ends four-day rally, weak output expectations limit losses

KUALA LUMPUR: Malaysian palm oil futures ended 1% lower on Thursday after rising for four days, though expectations...

Published 06 Jan, 2022 05:31pm

Commodities

Farmers will not face urea shortage: Fawad Chaudhry

Says total of 150,000 metric tons will be imported from China with first consignment of 50,000 arriving next month

Updated 06 Jan, 2022 06:05pm

Commodities

CBOT corn may test support at $5.97-1/4

A drop into $5.88-3/4 to $5.93-1/2 range would confirm an extension of the correction from the Dec. 28, 2021 high of $6.17-3/4

Published 06 Jan, 2022 11:26am

Commodities

NY coffee may retest resistance at $2.35

SINGAPORE: New York March coffee may retest a resistance at $2.35 per lb, a break above which could lead to a gain...

Published 06 Jan, 2022 11:23am

Commodities

Soybeans ease from 5-month top, South American weather woes limit losses

SINGAPORE: Chicago soybean futures fell 1.6% on Thursday, easing for the first time in four sessions amid a...

Published 06 Jan, 2022 11:18am

Commodities

Iron ore rises on hopes of China demand pick-up after Olympics

Iron ore futures rose on Thursday, on expectations of a recovery in Chinese demand for the steelmaking raw material...

Published 06 Jan, 2022 11:15am

Commodities

Palm falls after four-day climb but tight supply caps losses

KUALA LUMPUR: Malaysian palm oil futures slipped on Thursday after a four-day climb, though expectations of lower...

Published 06 Jan, 2022 11:01am

Commodities

US oil may fall to $75.47

Even though this wave remains incomplete, the bearish divergence indicates a further drop

The sudden drop from the Wednesday...

Published 06 Jan, 2022 10:54am

Commodities

Palm oil may drop to 4,956 ringgit

SINGAPORE: Palm oil may drop to 4,956 ringgit per tonne, due to the completion of a five-wave cycle from 4,668...

Published 06 Jan, 2022 10:54am

Commodities

NY cocoa may rise into $2,682-$2,821 range in Q1

The upper trendline of the pattern suggests a target similar to $2,993

Published 06 Jan, 2022 10:47am

Commodities

PMEX daily trading report

KARACHI: On Tuesday, at PMEX the traded value of Metals, Energy, COTS/FX and indices was recorded at PKR 14.707...