News Archives for Markets - 2022-12-22

<<>>

Commodities

Raw sugar steadies after touching near 6-year peak

LONDON: Raw sugar futures on ICE steadied on Thursday amid upbeat sentiment in wider markets and as investors eyed...

Published 22 Dec, 2022 06:04pm

Commodities

Asia rice: More exports, stronger baht send Thai rates to over 6-month high

Prices of rice exported from Thailand this week rose to their highest since early June on the back of increasing...

Published 22 Dec, 2022 05:37pm

Commodities

Copper edges lower as Chinese COVID cases multiply

LONDON: Copper prices edged lower on Thursday as an accelerating wave of coronavirus infections in China, the...

Published 22 Dec, 2022 05:07pm

Commodities

CBOT soybeans may retrace to $14.72-1/4

SINGAPORE: The CBOT soybean January contract may retrace to $14.72-1/4, as it failed again to break a resistance at...

Published 22 Dec, 2022 10:07am

Commodities

CBOT corn may extend gains to $6.69

SINGAPORE: CBOT March corn may extend gains to $6.69 per bushel, driven by a wave c. This is the third wave of a...

Published 22 Dec, 2022 09:57am

Commodities

CBOT wheat may rise more to $7.84-1/4

SINGAPORE: CBOT March wheat may rise more to $7.84-1/4 per bushel, driven by a wave c. This is the third wave of a...

Published 22 Dec, 2022 09:55am

Commodities

NY coffee biased to retest resistance at $1.7340

SINGAPORE: New York March coffee is biased to retest a resistance at $1.7340 per lb, a break above which could open...

Published 22 Dec, 2022 09:44am

Commodities

Wheat up for 3rd session on US weather concerns, soybeans rise

SINGAPORE: Chicago wheat futures rose for a third consecutive session on Thursday, as forecasts of freezing...

Published 22 Dec, 2022 09:39am

Commodities

Japan’s Jan-March crude steel output seen falling 4.0% year-on-year

TOKYO: Japan’s crude steel output in the January-March quarter of 2023 is forecast to fall 4.0% from a year earlier...

Published 22 Dec, 2022 09:35am

Commodities

Copper hits one-week high on softer dollar, China stimulus hopes

Copper prices rose to a one-week high on Thursday, helped by a weaker US dollar, declining inventories and prospects...

Published 22 Dec, 2022 09:32am

Commodities

Indonesia’s 2022 palm oil exports seen at 34.67mn tonnes

JAKARTA: Indonesia’s 2022 palm oil exports are estimated at 34.67 million tonnes, down from last year’s 37.78...

Published 22 Dec, 2022 09:27am

Commodities

India extends suspension of futures trade in key farm commodities

MUMBAI/ BENGALURU: India’s market regulator extended the suspension of trading in derivative contracts of key farm...

Published 22 Dec, 2022 07:09am

Commodities

Palm oil climbs to 12-day closing high

KUALA LUMPUR: Malaysian palm oil futures jumped on Wednesday to hit a 12-day closing high as concerns over...

Published 22 Dec, 2022 06:25am

Commodities

Gold rises, but firmer US dollar caps advance

NEW YORK: Gold prices rose on Wednesday, holding above the key $1,800 level, as expectations of slower US rate hikes...

Published 22 Dec, 2022 06:23am

Commodities

Copper holds its ground despite China’s Covid wave

LONDON: Copper prices hovered around $8,350 a tonne on Wednesday as hopes that China’s easing of COVID-19...