Egypt's General Authority for Supply Commodities on Wednesday announced a tender to import 50,000 metric tons of raw sugar and/or 50,000 metric tons of refined white sugar, all from any origin, on behalf of the Egyptian Sugar & Integrated Industries Company.
Ukraine exported 4.8 million metric tons of food via its Black Sea corridor in December, surpassing the maximum monthly volume exported under a previous U.N.-brokered grain deal, brokers said on Wednesday.
The share of available aluminium stocks of Russian origin in London Metal Exchange-approved (LME) warehouses rose to 90.4% in December from 78.8% in November, data on the exchange's website showed on Wednesday.
Chicago soybean futures fell on Wednesday, shedding gains from the previous session, with forecasts of more rain in Brazil this week likely to further improve the maturing oilseed crop.
Brazilian farmers will produce around 155.3 million metric tons of soybeans in the 2023/24 cycle, about 5 million tons less than predicted in December, but still slightly higher than last season's record output of 154.6 million tons.
Brazilian farmers will produce a record soybean output in the 2023/24 cycle even after bad weather led crop agency Conab on Wednesday to cut expected production by some 5 million metric tons.
The share of available aluminium stocks of Russian origin in London Metal Exchange-approved (LME) warehouses rose to 90.4% in December from 78.8% in November, data on the exchange's website showed on Wednesday.
Indonesia has delayed plans for an initial public offering (IPO) of palm oil producer PalmCo, an official from its parent, state agricultural group Perkebunan Nusantara (PTPN) III, said on Wednesday.
The lowest price offered in the international tender from Tunisia's state grains agency on Wednesday to purchase about 50,000 metric tons of durum wheat was believed to be $446.97 a tonne c&f for optional-origin supplies, European traders said in initial assessments.
Copper prices edged higher on Wednesday on a softer dollar and as investors took a breather from bearish bets that have weighed on the market so far this year.
Romania's Black Sea port of Constanta recorded its highest grain exports in 2023 thanks to a surge in shipments from Ukraine and ongoing European Union-funded infrastructure projects, the port authority told Reuters on Wednesday.
Sanofi is hoping that by sponsoring the Olympic Games it can attract new talent, reward existing staff and shake off the French drugmaker's conservative image.
Chinese President Xi Jinping, in a recent reply to a letter from an Iowa native whom he first met nearly four decades ago, said the world's future demanded stability in Sino-U.S. ties, according to Chinese state media on Wednesday.
Malaysian palm oil futures rose on Wednesday, extending gains for a fifth straight session, as the market awaited Malaysian Palm Oil Board (MPOB) monthly data release.
Prices of copper slipped on Wednesday on a steady U.S. dollar as investors awaited key economic data, while demand concerns due to a gloomy economic outlook further hit sentiment.
Malaysia's palm oil stocks at the end of December fell 4.64% from the previous month to 2.29 million metric tons, the lowest in three months, data from the Malaysian Palm Oil Board (MPOB) showed on Wednesday.
Chicago soybean futures fell on Wednesday, shedding gains from the previous session, with forecasts of more rains in Brazil this week likely to further improve the maturing oilseed crop.
Malaysian palm oil futures opened up on Wednesday, extending gains for a fifth straight session, as market participants awaited monthly Malaysian Palm Oil Board (MPOB) data.
Reuters
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