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Archive for the January 6, 2017

    • News Desk
    • Jan 6th, 2017
    • Comments Off on Cotton hits five-month high on rising demand hopes, weaker dollar

    ICE cotton futures jumped over 3 percent on Wednesday and hit a near five-month high on expectations of improvement in demand for the natural fibre and on an easing dollar. The March cotton contract on

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  • The most-traded copper contract on the Shanghai Futures Exchange gained 0.88 percent to 45,760 yuan ($6,607) a tonne on Thursday, aided by a brightening outlook for Chinese metals demand. Elsewhere in metals, ShFE aluminium was

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    • News Desk
    • Jan 6th, 2017
    • Comments Off on Copper slips as investors take profits

    Copper slipped on Thursday as investors cut bets on higher prices, although expectations of robust growth in China and a surge in the yuan supported optimism about demand in the world's largest consumer of industrial

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    • News Desk
    • Jan 6th, 2017
    • Comments Off on Oil rebounds as Saudi output cuts offset US products build

    Oil prices rose on Thursday in an up-and-down session, lifted by news that Saudi Arabia had cut production to meet Opec's agreement to cut output after falling on data showing a surprisingly large increase in

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  • Benchmark Tokyo rubber futures ended slightly down on Thursday as gains from overnight oil prices were offset by a stronger yen and sluggish Shanghai futures. TOCOM came under pressure from a strong yen and weak

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  • The following were Thursday's Rotterdam vegetable oil prices at 1700 GMT: SOYOIL EU degummed: euro tonne fob ex-mill January 17 840.00 +0.00 February 2017 835.00 +0.00 March 2017 820.00 +0.00 April 2017/June 2017 810.00 +0.00

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  • The following were Thursday's Rotterdam vegetable oil prices at 1700 GMT: SOYOIL EU degummed: euro tonne fob ex-mill January 17 840.00 +0.00 February 2017 835.00 +0.00 March 2017 820.00 +0.00 April 2017/June 2017 810.00 +0.00

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  • Malaysian palm oil futures fell for a second consecutive session on Thursday evening on the back of a stronger ringgit, and as it tracked weaker performing related oils on China's Dalian Commodity Exchange. Benchmark palm

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    • News Desk
    • Jan 6th, 2017
    • Comments Off on Sugar sets seven-week high on fund buying, India crop woes

    Raw sugar futures on ICE struck a seven-week high on Thursday, boosted by fund buying and diminished production prospects in top consumer India. The market has surged during the last few days as a shortage

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  • Gold rose to the highest in nearly four weeks on Wednesday as the dollar edged back from a 14-year peak and physical demand from major consumers China and India increased. Spot gold climbed to its

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