Nasdaq Commodities

The fire at the Ozerny mine in Russia has been extinguished but it has heated up the zinc market.

InterGlobe Enterprises, which backs India's top airline IndiGo, and U.S.-based Archer Aviation will launch an all-electric air taxi service in India in 2026 that will be "cost-competitive" with on-road services, the companies said Thursday.

London cocoa futures on ICE rose to a record on Thursday, extending the market's prolonged uptrend that is fuelled by tightening supplies, while coffee prices were also higher.

The U.S. Department of Agriculture on Thursday is expected to confirm disappointing yields for the 2023 U.S. corn and soybean harvests, but that may be OK if the freshly printed 2024 outlooks are any indication.

Chicago soybeans were almost unchanged on Thursday, trading close to last session's two-month high with traders awaiting the release of a U.S. government report later in the day.

Brazil's crop agency (Conab) on Thursday raised the forecast for the country's soybean production by around 400,000 metric tons to 162.420 million tons even as hot and dry weather disrupted planting in key areas.

Coach parent Tapestry, which agreed to buy rival Capri in August, cut its annual sales forecast on Thursday and missed first-quarter estimates, taking a hit from weak demand for its luxury handbags and shoes in North America.

The European Commission is aiming to reach an agreement on steel and aluminium with the United States by the end of the year to bring a definitive end to U.S. import tariffs on the metals, Commission Vice President Vera Jourova said on Thursday.

Brazil's crop agency (Conab) on Thursday raised the forecast for the country's soybean production by around 400,000 metric tons to 162.420 million tons even as farmers in center west areas faced irregular rains as they began to sow their new crop in September.

Hungary reported an outbreak of highly pathogenic H5N1 avian influenza, commonly called bird flu, on a fattening duck farm in the northeastern part of the country, the World Organisation for Animal Health (WOAH) said in a report on Thursday.

Ukraine's alternative Black Sea export corridor is working despite a recent Russian attack on a civilian vessel, Deputy Prime Minister Oleksandr Kubrakov said on Thursday.

Copper prices fell in London on Thursday, under pressure from persisting uncertainty over the economic recovery in top metals consumer China and a stronger dollar.

Denmark's government on Thursday proposed imposing an average tax of 100 Danish crowns ($14.35) on air travel to help finance a green transition of the airline industry that will enable all domestic flights to use 100% sustainable fuels by 2030.

Malaysian palm oil futures fell on Thursday on signs of deflation in China, while the market awaited key official domestic supply and demand data for further direction.

In the shadows of Mount Kenya, brown sacks of coffee beans pile up in factories and milling facilities, stranded after the government embarked on its reform to improve payments to farmers and dilute the power of multinational buyers.

India's soymeal exports are likely to rise in coming months as concerns over soybean output in top producer Brazil lifts global prices to two-month highs, prompting buyers to turn to the south Asian country, industry officials said.

India's National Aluminium Company (NALCO) on Thursday reported an almost 50% rise in second-quarter profit as sustained government spending on infrastructure boosted demand for the metal produced by the state-run manufacturer.

KRBL on Thursday reported a 28.1% drop in second-quarter profit as India's top exporter of branded basmati rice was hit by weakness in its mainstay agricultural segment.

Russian President Vladimir Putin called for the development of wheat and fertiliser cargo transport routes in Asia during a visit to Kazakhstan on Thursday, as Russia seeks to forge new export routes due to Western sanctions.

Bids and offers remained far apart in Vietnam, with buyers waiting for prices to stabilise ahead of the arrival of fresh beans as the harvest peaks later this month, traders said on Thursday, adding Indonesia premiums rose further on beans scarcity.