Nasdaq Commodities

Malaysian palm oil futures ended lower for a second day on Monday, weighed by a strengthening ringgit and expectations of a rise in October inventory and output.

European shares were lacklustre on Monday after the benchmark index posted its biggest weekly jump since March, with the real estate sector losing steam, while Ryanair hit a one-month high following a forecast of a record annual profit.

Indonesia would extend until June 2024 its monthly rice handout programme involving 21.3 million lower-income households, its chief economic affairs minister Airlangga Hartarto said on Monday.

Virgin Atlantic will fly from London to New York on Nov. 28 using 100% sustainable aviation fuel (SAF), after Britain gave it permission, paving the way for a world first as airlines step up efforts to decarbonise travel.

Main-crop cocoa arrivals at ports in top grower Ivory Coast since the start of the season on Oct. 1 had reached 290,000 metric tons by Nov. 5, down 16.7% from the same period last season, exporters estimated on Monday.

Japan's largest industrial union UA Zensen will seek a 6% total wage increase, of which 4% will be base pay hikes, at next spring's negotiations, a union official said on Monday.

Britain's Civil Aviation Authority has granted Virgin Atlantic permission to fly from London to New York on Nov. 28 using 100% sustainable aviation fuel, as the airline industry steps up its efforts to try to decarbonise travel.

Indian consumer good company Zydus Wellness reported a more than 30% drop in second-quarter net profit on Monday due to a one-off deferred tax expense.

Ukraine's grain exports have fallen to 9.8 million metric tons so far in the 2023/24 July-June marketing season, agriculture ministry data showed on Monday.

Ryanair on Monday forecast a record annual profit and promised to pay investors a regular dividend for the first time after fares soared 24% during the summer season.

Australian Prime Minister Anthony Albanese stopped by Beijing's Temple of Heaven on Monday as he followed in the footsteps of the first Australian leader to visit China, retracing a walk made five decades ago as ties were being established.

PostNL on Monday said it expected annual operating profit at the low end of its forecast, after the Dutch postal firm reported a quarterly loss, saying its efforts to mitigate inflation had not been enough to offset higher organic costs.

Malaysian palm oil futures fell for a second day on Monday, weighed by a strengthening ringgit and expectations of a rise in October inventory and output.

Malaysian palm oil associations on Monday called for the government to review a windfall profit levy on the palm oil industry.

Dutch postal firm PostNL on Monday reported an operating loss for the third quarter, missing analysts' estimate for a slight profit, saying its efforts to mitigate inflation effects had not been enough to offset higher organic costs.

Copper prices in London gained on Monday, thanks to a weak U.S. dollar, but the gains were limited by a slowdown in winter demand in the world's top consumer China and also a recent rise in inventories.

Ryanair on Monday forecast a record annual profit and promised to pay investors a regular dividend for the first time after fares soared 24% during its key summer season.

Chicago soybean futures climbed to a seven-week high on Monday with erratic weather in the world's No. 1 exporter Brazil and demand for U.S. cargoes underpinning the market.

Unseasonably cold weather and blizzards hit northeast China on Monday, forcing hundreds of flights to be rescheduled and closing schools as several cities issued heightened weather alerts and warned people to stay indoors.

Malaysian palm oil futures fell for a second day on Monday, weighed by a strengthening ringgit and expectations for October inventories to rise.