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Archive for the December 29, 2017

  • Cotton gains two percent; March contract touches fresh high

    • News Desk
    • Dec 29th, 2017
    • Comments Off on Cotton gains two percent; March contract touches fresh high

    ICE cotton futures jumped 2 percent on Wednesday, boosted by short-covering as the March contract touched an all-time high. Cotton contracts for March expiry settled up 1.52 cents, or 1.96 percent, at 78.95 cents per

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  • Shanghai copper up

    The most-traded copper contract on the Shanghai Futures Exchange ended 1.2 percent up at 55,770 yuan ($8,525.44) a tonne on Thursday on signs of strong demand from China next year. The remainder of active ShFE

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  • Copper hits four-year high as 2018 deficit looms

    • News Desk
    • Dec 29th, 2017
    • Comments Off on Copper hits four-year high as 2018 deficit looms

    Copper prices jumped to a four-year peak on Thursday as funds bet on strong demand in top consumer China and supply disruptions in top producer Chile leaving the market short of the metal used widely

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  • Oil prices edge up on strong US refinery runs, China data

    • News Desk
    • Dec 29th, 2017
    • Comments Off on Oil prices edge up on strong US refinery runs, China data

    Oil prices edged up on Thursday, remaining near 2-1/2-year highs after data showed strong demand for crude imports in China and on increased US refining activity that drew more crude from inventories. Trading was typically

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  • Rubber slips

    Benchmark TOCOM rubber futures slipped on Thursday, sliding from a three-month high hit the previous day, as investors unwound positions ahead of new year holidays, while a stronger yen against the dollar added to pressure.

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  • Rotterdam vegetable oil prices

    The following were Thursday's Rotterdam vegetable oil prices at 1700 GMT: SOYOIL EU degummed: euro tonne fob exmill December 2017 735.00 -5.00 January 2018 725.00 -5.00 February 2018 710.00 -10.00 March 2018 700.00 -10.00 April

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  • Rotterdam vegetable oil prices

    The following were Thursday's Rotterdam vegetable oil prices at 1700 GMT: SOYOIL EU degummed: euro tonne fob exmill December 2017 735.00 -5.00 January 2018 725.00 -5.00 February 2018 710.00 -10.00 March 2018 700.00 -10.00 April

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  • Palm oil drops on high inventory, subdued related oils

    • News Desk
    • Dec 29th, 2017
    • Comments Off on Palm oil drops on high inventory, subdued related oils

    Malaysian palm oil futures charted their first decline in four days on Thursday evening, slipping from the previous session's one-week high, as ample supplies dented sentiment. Related edible oils largely traded flat, with the March

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  • ICE cocoa, sugar, coffee up on short-covering

    • News Desk
    • Dec 29th, 2017
    • Comments Off on ICE cocoa, sugar, coffee up on short-covering

    Cocoa and raw sugar on ICE Futures US climbed on Thursday as short-covering and a weak US dollar offset expectations of hefty supplies, and coffee futures also gained. ICE soft agricultural commodity markets will be

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  • Gold rises in New York

    Gold rose for an eighth straight session on Wednesday as a weaker US dollar encouraged investors to buy, and palladium hit another near 17-year peak on expectations of strong demand and short supplies. Spot gold

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