Archive for the August 27, 2019
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China's copper futures prices fell to their lowest in three weeks, as demand prospects for base metals weakened following the latest escalation in the Sino-US trade war. US President Donald Trump on Friday announced a
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Oil prices fell 1% on Monday on the outlook for increased supply of Iranian crude after France's president lifted hopes for a deal between Washington and Tehran, but losses were limited by optimism surrounding a
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Tokyo Commodity Exchange (TOCOM) futures hit a nine-month low on Monday, after trade war between the United States and China escalated over the weekend, fuelling concerns about the global economy. The benchmark TOCOM rubber contract
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Malaysian palm oil futures rose on Monday, posting a fifth straight session of gains, as they tracked a rally in rival oils on the Dalian Commodity Exchange. The benchmark palm oil contract for November delivery
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The Brazilian government on Thursday scaled back its projections for center-south sugar and cane-based ethanol production in the current crop, despite expectations for a slightly larger crush, blaming lower sugar content in the cane. The
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Arabica coffee futures on ICE climbed on Monday to their highest level in over a week, bolstered by expectations of reduced output from Brazil and Central America, though a weak Brazilian currency capped gains. London-based
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Gold prices erased early gains on Monday, slipping from a six-year high touched during the session, as some of the safe-haven demand waned after the United States and China indicated a possible de-escalation of trade
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Gold surged to a more than six-year peak on Monday, surpassing $1,550 in early trade, as investors sought safety from a host of uncertainties including heightened US-China trade tensions and a fragile global economy. Spot
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US soyabean futures rose on Monday on hopes that Washington and Beijing will dial down tensions over trade, while corn and wheat futures eased. Traders grew hopeful again that China and the United States could
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Gold surged to a more than six-year peak on Monday, surpassing $1,550 in early trade, as investors sought safety from a host of uncertainties including heightened US-China trade tensions and a fragile global economy. Spot
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