News Archives for Markets - 2022-01-11

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Commodities

Gold firms above $1,800/oz in run up to Powell testimony

Gold prices firmed above the key $1,800 mark on Tuesday, buoyed by a retreat in the dollar and US Treasury yields, ...

Published 11 Jan, 2022 08:30pm

Commodities

Coal to make up 85% of total US power capacity to be retired in 2022: EIA

Coal-fired plants will account for about 85% of total US power capacity scheduled for retirement this year with...

Published 11 Jan, 2022 08:27pm

Commodities

Nickel prices soar to highest since 2014

LONDON: Nickel prices touched their highest in more than seven years on Tuesday as global inventories pointed to...

Published 11 Jan, 2022 07:22pm

Commodities

Starbucks to nearly double spending with diverse suppliers by 2030

NEW YORK: Starbucks Corp will nearly double its spending with suppliers and vendors from underrepresented groups in...

Published 11 Jan, 2022 07:08pm

Commodities

Indian sugar exports slow as global prices correct, rupee firms

MUMBAI: Indian mills are holding off on signing new sugar export contracts as falling global prices and a...

Published 11 Jan, 2022 05:43pm

Commodities

Raw sugar rebounds from 5-1/2 month low as fund selling abates

March New York cocoa was up 0.1% at $2,523 a tonne
March arabica coffee was up 0.1% to $2.3510 per lb
March raw sugar was 1.1% higher at 18.02 cents per lb

Published 11 Jan, 2022 05:35pm

Commodities

Palm hits 10-week closing high on tight supply woes

KUALA LUMPUR: Malaysian palm oil futures reversed losses and hit a near 10-week closing high on Tuesday, underpinned...

Published 11 Jan, 2022 05:24pm

Commodities

NY coffee may retest resistance at $2.3865

SINGAPORE: New York March coffee may retest a resistance at $2.3865 per lb, a break above which could lead to a gain...

Published 11 Jan, 2022 01:42pm

Commodities

Palm eases on plummeting exports but tight stockpile limits fall

KUALA LUMPUR: Malaysian palm oil futures slipped on Tuesday, weighed by cargo surveyor data showing a tumble in Jan....

Published 11 Jan, 2022 11:54am

Commodities

CBOT corn biased to retest a support at $5.97-1/4

SINGAPORE: CBOT March corn is biased to retest a support at $5.97-1/4 per bushel, a break below which could cause a...

Published 11 Jan, 2022 11:50am

Commodities

Indonesia coal shares up, China futures fall as export ban eased

JAKARTA: Shares of big Indonesian coal companies rose on Tuesday after authorities relaxed an export ban brought in...

Published 11 Jan, 2022 11:15am

Commodities

Shanghai aluminium climbs for fifth day on supply concerns

Aluminium futures in China rose for a fifth straight session on Tuesday, buoyed by falling inventories and ...

Published 11 Jan, 2022 10:38am

Commodities

Soybeans tick up, gains curbed by improved South American weather outlook

SINGAPORE: Chicago soybeans edged higher on Tuesday, although gains were limited by forecasts calling for ...

Published 11 Jan, 2022 10:34am

Commodities

Palm oil may test support at 4,927 ringgit

SINGAPORE: Palm oil may test a support at 4,927 ringgit per tonne, a break below which could open the way towards...

Published 11 Jan, 2022 10:28am

Commodities

Brent oil may retest support at $80.40

SINGAPORE: Brent oil may retest support at $80.40 per barrel, a break below which could cause a fall into...

Published 11 Jan, 2022 10:27am

Commodities

CBOT soybeans may fall into $13.56-1/4 to $13.72 range

SINGAPORE: The CBOT soybean March contract may fall into a range of $13.56-1/4 to $13.72 per bushel, due to the...

Published 11 Jan, 2022 10:26am

Commodities

China iron ore futures drop on worries over local Omicron cases

BEIJING: Benchmark iron ore futures in China fell 2% on Monday, hit by concerns of disruptions to production and...