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Archive for the May 17, 2017

  • Shanghai Futures Exchange copper ended barely changed at 45,170 yuan ($6,555) a tonne on Tuesday as worries about China's slowing economic growth and tighter capital markets in the world's top metals consumer triggered selling in

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    • News Desk
    • May 17th, 2017
    • Comments Off on Lead hits four-month low on worries over China growth outlook

    Lead hit a four-month low and zinc sank to its weakest in nearly a month on Tuesday as China's latest moves to curb shadow banking and risky investment dented the growth outlook in the world's

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    • News Desk
    • May 17th, 2017
    • Comments Off on Oil flat, watching for US inventory data, Opec news

    Oil prices were little changed on Tuesday as the market awaited weekly US inventory figures and as Kuwait and other Opec members joined top producers Saudi Arabia and Russia in support of prolonging supply cuts

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  • Benchmark Tokyo rubber futures hit a five-week high on Tuesday, extending the rally into a sixth straight session, driven by stronger oil prices on expectations of extended supply cuts, as well as tight physical supplies

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  • The following were Tuesday's Rotterdam vegetable oil prices at 1600 GMT: SOYOIL EU degummed: euro tonne fob exmill May 2017 755.00 -5.00 June 2017 745.00 +0.00 July 2017 745.00 +5.00 August 2017/October 2017 730.00 +5.00

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  • The following were Tuesday's Rotterdam vegetable oil prices at 1600 GMT: SOYOIL EU degummed: euro tonne fob exmill May 2017 755.00 -5.00 June 2017 745.00 +0.00 July 2017 745.00 +5.00 August 2017/October 2017 730.00 +5.00

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    • News Desk
    • May 17th, 2017
    • Comments Off on Palm oil inches up on weaker production data

    Malaysian palm oil futures edged up a fraction on Tuesday as the market rebounded from earlier profit taking, driven by a drop in production figures. The benchmark palm oil contract for August delivery on the

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    • News Desk
    • May 17th, 2017
    • Comments Off on Cocoa prices turn lower as Ivory Coast uprising ends

    Cocoa futures were lower on Tuesday as the leaders of a nationwide military mutiny in top producer Ivory Coast accepted a government deal and ended their revolt. July London cocoa settled down 12 pounds, or

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  • Gold rose as US political turmoil, a missile test by North Korea and a worldwide cyber attack fueled demand for safe-haven assets, while weaker than expected US data pushed the dollar lower, making gold cheaper

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  • Gold prices rose for a fourth day on Tuesday as the dollar slid on signs of slower economic activity in the United States that dented expectations of an aggressive string of interest rate hikes by

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