Nasdaq Commodities

India's annual monsoon arrived on the Kerala coast on Thursday, the state-run weather office said, marking the start of the four-month rainy season crucial for the farm-dependent economy.

National flag carrier Garuda Indonesia will seek a suspension of debt payments to creditors and lessors under a 'standstill agreement' in order to avoid bankruptcy, a senior government official said on Thursday.

Energy prices have rocketed and look set to rise further, so FX traders who have been reluctant buyers must consider greater gains for the currencies of major energy producers and hedge accordingly.

Britain's Heathrow Airport will use sustainable jet fuel for the first time as part of a test ahead of a Group of Seven (G7) rich nations summit in the country next week.

World food prices rose in May at their fastest monthly rate in more than a decade, posting a 12th consecutive monthly increase to hit their highest level since September 2011, the United Nations food agency said on Thursday.

Vietnam Airlines plans to sell 11 Airbus A321 aircraft through an auction, as the Southeast Asian country's flag carrier struggles with the economic fallout of the coronavirus pandemic.

South Korea’s state-backed Agro-Fisheries & Food Trade Corp. purchased an estimated 94,444 tonnes of rice in an international tender for up to 134,994 tonnes which closed on May 13, European traders said on Thursday.

India is considering reducing import taxes on edible oils after cooking oil prices hit record highs last month, two government and two industry officials told Reuters, to reduce food costs in the world's biggest vegetable oil importer.

Chicago corn futures gained almost 1% on Thursday, recouping some of the previous session's losses, with concerns over dry U.S. weather and strong demand underpinning prices.

Copper prices fell on Thursday, on track for the third straight session of losses, as weak demand in top consumer China outweighed a supply threat in the Americas.

India is considering reducing import taxes on edible oils after cooking oil prices hit record highs last month, two government and two industry officials told Reuters, to reduce food costs in the world's biggest vegetable oil importer.

Britain and Australia held another round of talks to progress a free trade deal, the British envoy said on Thursday, as both countries seek to strike an agreement in mid-June.

Chicago corn futures gained more than 1% on Thursday, recouping some of the previous session's losses, with concerns over dry U.S. weather and strong demand underpinning prices.

Malaysian palm oil futures soared as much as 4% on Thursday to a two-week high, following a rally in global agricultural markets as adverse weather in the United States reignited supply concerns.

Copper prices rose on Thursday, rebounding from two sessions of losses, as supply threat in the Americas lent prices some support despite weak demand in top consumer China.

Australian hardware chain Bunnings expects elevated timber prices to squeeze its margins for up to another year, its managing director said on Thursday, as a boom in home improvement and construction drives a surge in demand.

Chicago corn futures gained more than 1% on Thursday, recouping some of the previous session's losses, with concerns over dry U.S. weather and strong demand underpinning prices.

Australian hardware chain Bunnings expects elevated timber prices to squeeze its margins for up to another year, its managing director said on Thursday, amid a surge in demand that has been driven by a boom in home improvement and construction.

China has come to crave milk. Demand that had been steadily growing has spiked further after doctors touted its health benefits amid the coronavirus pandemic and dairy firms across the country have embarked on a farm-building frenzy.

Exxon Mobil Corp shareholders elected a third director nominated by hedge fund Engine No. 1 to the oil company's board, the company said on Wednesday, extending the new firm's upset victory at one of America's most iconic corporations.