Nasdaq Commodities

Jordan's state grain buyer is believed to have made no purchase in an international tender for 120,000 metric tons of animal feed barley which closed on Tuesday, European traders said.

South African farmers are expected to harvest 19.3% less maize in the 2023/2024 season compared with the previous one, the government's Crop Estimates Committee (CEC) said on Tuesday.

Copper prices were steady on Tuesday after hitting the lowest in almost two weeks as investors waited for signals that demand was recovering in top metals consumer China.

Hershey, Mondelez and other confection-makers are employing promotions and pitching more non-chocolate Easter treats like cookies 'n' cream bunnies at a time when soaring cocoa prices threaten their profits and shoppers balk at high prices.

An estimated 12 trading companies are believed to be taking part so far in the international tender from Jordan’s state grains buyer to purchase up to 120,000 metric tons of animal feed barley on Tuesday, traders said.

The lowest price offered in the international tender from Indonesian state purchasing agency Bulog to buy about 300,000 metric tons of rice was estimated at $609 a ton cost and freight (c&f) for rice sourced from Vietnam, European traders said on Tuesday.

Leading South Korean animal feed maker Nonghyup Feed Inc. (NOFI) bought an estimated 134,000 metric tons of animal feed corn in an international tender on Tuesday, European traders said.

Indian exporters have received notices from the customs department demanding payment of duty differentials on rice exported in the last 18 months, four exporters told Reuters, a rare tax demand that could cripple rice shipments from India.

Malaysian palm oil futures fell on Tuesday amid profit-taking, while a stronger ringgit and weaker rival edible oils also weighed on the market.

Hershey, Mondelez and other confection-makers are employing promotions and pitching more non-chocolate Easter treats like cookies 'n' cream bunnies at a time when soaring cocoa prices threaten their profits and shoppers balk at high prices.

Chinese state-owned Sinopec and French oil major TotalEnergies have signed an agreement to produce sustainable aviation fuel (SAF), a statement released by Sinopec said on Tuesday.

China had 40.42 million sows at the end of February, down 0.6% month-on-month and down 6.9% from the previous year, the Ministry of Agriculture and Rural Affairs said on Tuesday.

Prices of most base metals fell on Tuesday, with London copper erasing most of its gains from the past two weeks, hurt by a weaker Chinese yuan.

Indian budget carrier SpiceJet said on Tuesday it agreed with government agency Export Development Canada to settle liabilities worth around $91 million, allowing it to take ownership of most of its Q400 aircraft.

Chinese state-owned Sinopec and French oil major TotalEnergies have signed a cooperation framework agreement to produce sustainable aviation fuel (SAF), according to a statement released by Sinopec on Tuesday.

Boeing's board has begun the search for a big-hitter to take the helm of the troubled planemaker following the turbulent tenure of CEO Dave Calhoun, with many industry executives and analysts predicting it will seek an outside remedy.

Leading South Korean feedmaker Nonghyup Feed Inc. (NOFI) has issued an international tender to purchase up to 138,000 metric tons of animal feed corn, European traders said on Tuesday.

Most base metals fell on Tuesday, with copper prices in London falling to their lowest levels in nearly two weeks, on a weaker Chinese yuan.

Malaysian palm oil futures gave up early gains on Tuesday amid profit-taking, while weaker rival edible oils and a slightly stronger ringgit also weighed on the market.

Midfielder Declan Rice said he and other Arsenal players will try to persuade team mate Ben White to change his mind and make himself available for England duty.