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Wheat

Palm oil targets 4,130-4,169 ringgit range
Markets

Palm oil targets 4,130-4,169 ringgit range

  • On the daily chart, the contract managed to close above a resistance at 4,026 ringgit for three days. It has escaped from a consolidation range of 3,856-4,026 ringgit, which suggests a target of 4,400 ringgit.
Published 06 May, 2021 11:59am
Paris wheat rises
Markets

Paris wheat rises

HAMBURG: Euronext wheat futures rose on Monday as worsening corn harvest prospects in Brazil continued to support...
Published 04 May, 2021 04:26am
US oil may fall to $62.33
Markets

US oil may fall to $62.33

  • A retracement analysis reveals that oil has pierced below a support at $63.53. Chances are it may drop to $62.33.
Published 03 May, 2021 12:19pm
SPI up 0.05pc WoW
Print

SPI up 0.05pc WoW

ISLAMABAD: The Sensitive Price Indicator (SPI) for the week ended April 29, 2021 recorded an increase of 0.05 ...
Published 01 May, 2021 03:28am
EU cuts 2021/22 soft wheat crop forecast to 124.8mn tonnes
Markets

EU cuts 2021/22 soft wheat crop forecast to 124.8mn tonnes

  • That would still be above 2020/21 production of common wheat, or soft wheat, of 117.2 million tonnes, the Commission's monthly supply and demand data showed.
  • The Commission also lowered its projection of soft wheat stocks at the end of 2021/22, to 11.4 million tonnes from 12.9 million last month, reflecting the reduced harvest forecast.
Published 29 Apr, 2021 06:24pm