Nasdaq Commodities

Russia plans to reduce its export tax on soybeans to 20% with a minimum level of $100 per tonne, starting from July 1, the economy ministry said in a statement on Friday.

Chinese steel rebar and hot-rolled coils futures delivered weekly gains as consumption and demand for the industrial products improved, despite a slight easing on the day as investors locked in profits after a recent rally.

Russia has produced the world's first batch - 17,000 doses - of COVID-19 vaccines for animals, its agricultural regulator said on Friday.

Russia plans to reduce its export tax on soybeans to 20%, but it will be no less than $100 per tonne, starting from July 1, the economy ministry said in a statement on Friday.

British airline easyJet said it had seen stronger demand for bookings in September, October and November as passengers hold off going on holiday in the summer when it is still not clear where they can travel, its CEO said.

Japan's biggest airline, ANA Holdings Inc, on Friday forecast a return to profit this business year, bouncing back from a record loss on expectations that air travel demand will rebound as a vaccines contain the spread of the coronavirus.

London copper prices slipped on Friday after crossing the key psychological level of $10,000 in the previous session, as investors booked profits in subdued trading ahead of next week's market holidays.

French aero engine and equipment maker Safran reported on Friday a 38% drop in first-quarter revenues but maintained full-year forecasts as airlines face a bumpy recovery from the coronavirus pandemic.

Japan's biggest airline, ANA Holdings, posted on Friday a fourth quarter operating loss of 102.37 billion yen, according to Reuters' calculations, versus a loss of 58.8 billion yen a year earlier as coronavirus travel curbs continue to sap demand.

Malaysian palm oil futures reversed course to fall 0.9% on Friday, as cheaper American and Chinese rival oils and worries of lower demand from India due to the surge in COVID-19 cases dragged prices.

French aero engine and equipment maker Safran on Friday reported a 38% drop in first-quarter revenues, but maintained full-year forecasts that include a narrower 2-4% drop in sales.

U.S. corn futures edged higher on Friday, as the grain was poised to post its biggest one-month gain in more than two years on global supply concerns.

Private Chinese carrier Juneyao Air announced it is setting up an investment firm with strategic investors to invest in airlines, and financial magazine Caixin said the new company is bidding for bankrupt HNA Group's assets.

Move over Tesla, how about a VinFast? That's the proposition being offered by the automobile arm of Vietnam's largest conglomerate, Vingroup.

Malaysian palm oil futures reversed earlier losses and rose 1% on Friday as exports of the edible oil from top exporter Indonesia surged while stocks remained low.

Chinese steel futures traded in a tight range on Friday, but were on course for a more than 2% weekly gain as demand for major steel products continued to improve.

London copper prices edged lower on Friday, after touching their highest level in more than 10 years above $10,000 in the previous session, as investors gauged the potential impact of high prices on demand for the industrial metal.

U.S. corn futures edged up on Friday, as concerns about global supplies pushed prices towards their biggest monthly gain in more than two years.

Colombia's coffee federation has discovered nine new, more aggressive variants of the fungus that causes coffee rust, it said on Thursday, urging producers to plant more resistant coffee varieties to avoid spreading the disease.

Brazil's center-south (CS) cane crush in the new season that just started will be the lowest since 2012, according to a report by commodities trader and supply chain services firm Czarnikow, as below-average rains hurt cane development.