News Archives for Markets - 2023-01-18

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Commodities

Gold back up above $1,900 level as dollar loses ground

Gold reversed course to trade higher on Wednesday as the U.S. dollar pulled back from session highs and expectations...

Published 18 Jan, 2023 05:29pm

Commodities

Palm oil ends higher on rival oils, crude strength

KUALA LUMPUR: Malaysian palm oil futures closed higher on Wednesday, tracking strength in crude and rival edible...

Published 18 Jan, 2023 05:19pm

Commodities

Chicago grains firm as traders assess China demand, supply risks

PARIS/SINGAPORE: Chicago soybean and corn futures held firm near multi-month peaks on Wednesday while wheat rose to...

Published 18 Jan, 2023 05:11pm

Commodities

India’s soymeal exports to jump as drought curbs Argentine supply: industry officials

MUMBAI: India’s soymeal exports could more than double in the 2022/23 marketing year, as drought in top exporter...

Published 18 Jan, 2023 03:14pm

Commodities

Japan to seek 70,000 tonnes of feed wheat and 40,000 tonnes barley via tender

TOKYO: Japan’s Ministry of Agriculture, Forestry and Fisheries (MAFF) said on Wednesday that it will seek 70,000...

Published 18 Jan, 2023 02:55pm

Commodities

China 2022 aluminium imports fall 26% on lower demand

BEIJING: China’s aluminium imports in 2022 fell 25.6% from a year earlier as COVID-restrictions reduced consumption...

Published 18 Jan, 2023 02:26pm

Commodities

Soybean hits 7-month high on Argentina supply concerns

SINGAPORE: Chicago soybean futures scaled a seven-month peak on Wednesday, as forecasts of dry weather in the...

Published 18 Jan, 2023 11:29am

Commodities

Nickel Industries set to raise $471mn to buy nickel assets

Australia’s Nickel Industries will raise $471 million in capital to help fund the acquisition of several nickel...

Published 18 Jan, 2023 11:04am

Commodities

Copper steadies at seven-month high on demand optimism, supply headwinds

BEIJING: Copper prices touched seven-month highs on Wednesday, supported by supply jitters and bullish demand...

Updated 18 Jan, 2023 03:17pm

Commodities

Gold slips as dollar gains momentum

Gold prices inched lower on Wednesday as the U.S. dollar firmed, while expectations of a slowdown in the pace of...

Published 18 Jan, 2023 10:42am

Commodities

Iron ore futures rise over increased trading volumes on bargain hunting

Iron ore futures rose on Wednesday amid high trading volumes as traders looked for bargain buys, after notable...

Published 18 Jan, 2023 10:34am

Commodities

Palm oil gains on rival oils, crude strength

KUALA LUMPUR: Malaysian palm oil futures rebounded on Wednesday, tracking strength in crude and rival edible oils,...

Published 18 Jan, 2023 09:57am

Commodities

Dalian iron ore slips

MANILA: Dalian iron ore futures slipped on Tuesday, as despite beating expectations, weak economic data from top...

Published 18 Jan, 2023 07:09am

Commodities

Funds lower risk in CBOT corn, soya ahead of pivotal US data

NAPERVILLE, (Ill.): Speculators backed off Chicago corn and soybean futures last week ahead of the US government’s...

Published 18 Jan, 2023 07:05am

Commodities

Japanese rubber futures up

SINGAPORE: Japanese rubber futures rose on Tuesday, tracking stronger domestic equities and gains in the Shanghai...