Nasdaq Commodities

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London cocoa futures on ICE hit record levels on Tuesday after reports of adverse weather that could hit production and further indications demand has not shrunk much in response to high prices.

(RTTNews) - The price of crude oil moved sharply higher during trading on Tuesday, largely offsetting the steep drop seen in the previous session.

Argentine farmers have closed the 2023/24 wheat campaign with a harvest of 15.1 metric tons, slightly lower than initially hoped for but up nearly a quarter versus the drought-hit previous season, the Buenos Aires grains exchange said on Tuesday.

(RTTNews) - Following the uptick seen during the previous session, the price of gold showed another modest move to the upside during trading on Tuesday.

Merchant bank BDT & MSD Partners, the owner of Alliance Laundry Systems, is exploring a sale of the U.S. laundry equipment manufacturer that could value it at nearly $5 billion, including debt, according to people familiar with the matter.

Agritech startup Inari Agriculture said on Tuesday it raised $103 million in its latest funding round, notching up a valuation of $1.65 billion.

U.S. corn and soybean futures rallied on Tuesday on a round of bargain buying after both commodities fell to multi-year lows, although supportive news about supply and demand was lacking, analysts noted.

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Copper prices rose on Tuesday, lifted by hopes that top metals consumer China would roll out more measures to stabilise its economy and stock markets, but weak demand curbed gains.

Global X, a provider of exchange-traded funds, has withdrawn its application for spot bitcoin ETF, a regulatory filing showed on Tuesday, making it the first company among those that applied to the U.S. securities regulator for approval last year to do so.

China's imports of unwrought aluminium more than doubled year-on-year in 2023 and were the second highest annual total since the start of the century.

JetBlue Airways and Spirit Airlines are seeking an expedited appeal aimed at reversing a lower court ruling that blocked their $3.8 billion merger.

French and Belgian farmers angry about rising costs, EU environmental policies and cheap food imports blocked highways and access roads to a major container port on Tuesday as the protests spread across Europe.

FXEmpire.com - Natural Gas Price Forecast Video for 31-01-2024

London cocoa futures on ICE hit record peaks on Tuesday after reports of adverse weather that could hit supplies and further indications demand has not shrunk much in response to high prices.

Daily energy market commentary provided by Nasdaq Corporate Solutions Advisory Services' Energy Team.

China Eastern Airlines expects its 2023 results to show a reduced loss of up to 8.3 billion yuan ($1.2 billion), it warned on Tuesday, citing a slower than expected recovery in overseas travel after the end of COVID-19 curbs.

South African discount retailer Pepkor Holdings reported on Tuesday a 7.2% rise in sales in the Christmas quarter from a year earlier despite the negative impact on stock inflows from port congestion at home.

JetBlue Airways said on Tuesday it was evaluating deeper cost cuts after the company forecast a fall in revenue and higher costs in the first quarter as it grapples with uneven travel demand.