News Archives for Markets - 2023-01-12

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Commodities

Asia rice: Strong baht, demand props up Thai export prices; Vietnam rates slip

Export prices of rice from Thailand rose this week to their highest level in nearly two years on a stronger baht and...

Published 12 Jan, 2023 06:08pm

Commodities

Pakistan, Saudi Arabia ink $1bn agreement to finance oil derivatives

The Ministry of Economic Affairs on Thursday signed an agreement with the Saudi Fund for Development (SFD), a Saudi...

Updated 12 Jan, 2023 07:48pm

Commodities

Copper retreats as investors focus on near-term weak demand

LONDON: Copper prices pulled back on Thursday after a blistering rally as some investors questioned whether the...

Published 12 Jan, 2023 04:29pm

Commodities

Russian wheat offered lowest in Turkey’s 565,000 tonnes wheat tender

HAMBURG: The lowest price in the first round of offers in the tender on Thursday from Turkey’s state grain board TMO...

Published 12 Jan, 2023 02:03pm

Commodities

India wheat output likely to cross 112 million tonnes in 2022-23

NEW DELHI: India’s wheat output in 2022-23 is likely to cross 112 million tonnes, a top government source said on...

Published 12 Jan, 2023 01:54pm

Commodities

South Korea’s NOFI tenders to buy 138,000 tonnes corn

HAMBURG: Leading South Korean feedmaker Nonghyup Feed Inc. (NOFI) has issued an international tender to purchase up...

Published 12 Jan, 2023 01:32pm

Commodities

Palm oil flat, hovers near three-week lows on slow exports

KUALA LUMPUR: Malaysian palm oil futures were little changed on Thursday, hovering around three-week lows hit in the...

Published 12 Jan, 2023 01:01pm

Commodities

Soybeans hit one-week high on Argentine dryness; wheat dips

SINGAPORE: Chicago soybean futures gained more ground on Thursday, rising to their highest in more than a week,...

Published 12 Jan, 2023 11:58am

Commodities

Malaysian urges palm oil producers to boost cooperation after EU rules

KUALA LUMPUR: Malaysia on Thursday called on countries producing palm oil to strengthen cooperation following new...

Published 12 Jan, 2023 11:54am

Commodities

LME copper eases as traders pause after strong rally

London copper prices inched lower on Thursday, as traders took a breather following five straight sessions of gains...

Published 12 Jan, 2023 09:52am

Commodities

Palm oil hits near three-week closing low

KUALA LUMPUR: Malaysian palm oil futures fell for a second consecutive session on Wednesday to close at their lowest...

Published 12 Jan, 2023 07:03am

Commodities

Gold off 8-month highs as markets brace for data

NEW YORK: Gold prices eased from an eight-month peak on Wednesday as investors positioned themselves ahead of US...

Published 12 Jan, 2023 07:01am

Commodities

Copper rises above $9,000 for first time since June

LONDON: Copper prices rose above $9,000 a tonne on Wednesday for the first time since June on hopes that Chinese...

Published 12 Jan, 2023 06:59am

Commodities

China extends dumping duties on US distiller grains

SHANGHAI: China’s Commerce Ministry said on Wednesday it will continue to impose anti-dumping and anti-subsidy...

Published 12 Jan, 2023 06:48am

Commodities

Brazil sugar cane crushing

SAO PAULO: Brazil’s centre-south sugarcane crushing totalled 2.63 million tonnes in the second half of December,...

Published 12 Jan, 2023 06:46am

Commodities

Iron ore vaults to six-month high

MANILA: Iron ore futures edged higher on Wednesday, with the Singapore benchmark contract vaulting past $120 a tonne...