Nasdaq Commodities

European Union governments failed to give a clear opinion on Friday on a proposal to extend by 10 years EU approval for the use of glyphosate, the active ingredient in Bayer AG's Roundup weedkiller.

European Union governments failed to give a clear opinion on Friday on a proposal to extend by 10 years EU approval for the use of glyphosate, the active ingredient in Bayer AG's Roundup weedkiller.

India's palm oil imports in September fell 26% from the previous month to 834,797 metric tons, the lowest in three months, as higher inventories prompted refiners to curtail purchases, a trade body said on Friday.

India's IndiGo co-founder Rakesh Gangwal is in talks to buy a "sizable" stake in troubled domestic airline SpiceJet, ET Now reported on Friday, citing sources.

Ukraine has so far harvested nearly 52.5 million tons of grain and oilseeds from the new 2023 harvest, the agriculture ministry said on Friday.

India's palm oil imports in September fell 26% from the previous month to 834,797 metric tons, a trade body said on Friday.

China's Sinopec Corp has applied to the government to swap some of its marine fuel export quotas for allowances to export light products such as diesel, jet fuel or gasoline, four China-based industry sources said this week.

Malaysia expects the price of crude palm oil (CPO) to average between 4,000 ringgit ($848.36) to 4,500 ringgit per metric ton in 2024, the government said on Friday.

Indonesia's trade surplus in September likely narrowed to $2.13 billion from the previous month as exports were expected to remain weak, a Reuters poll showed on Friday.

London copper prices on Friday were set for their second straight week of decline on a higher-for-longer rates outlook, gloomy economic growth forecast and rising metal inventory.

Malaysian palm oil futures extended gains on Friday on a weaker ringgit, an improvement in demand from China and as top producer Indonesia clarified that it would not make exports mandatory via a new exchange, easing concerns about supply pressures.

China imported 7.15 million metric tons of soybeans in September, customs data showed on Friday, falling 7.3% from a year ago after a spike in global prices curbed recent purchases.

China's copper imports fell 5.8% in September from a year earlier, customs data showed on Friday, as strong domestic production and limited demand weighed down appetite for overseas supplies.

China, the world's largest soy buyer, imported 7.15 million tonnes of soybeans in September, down 23.6 % from 9.36 million tonnes in August, figures from the General Administration of Customs of China showed.

Chicago soybean futures edged lower on Friday but were set for their first weekly gain since August after the U.S. government lowered its U.S. production forecast further than analysts had expected.

Prices of parboiled rice exported from India extended their decline this week as buyers postponed their purchases amid uncertainty over an export duty that is due to expire this weekend.

The United States lost the title of No. 1 corn exporter to Brazil last year when the South American country harvested a breakthrough crop, just months after China gave the green light to Brazilian corn imports.

Egypt's state grains buyer, the General Authority for Supply Commodities (GASC), said on Thursday it bought 470,000 metric tons of wheat in an international tender.

FXEmpire.com -

Chicago soybean and corn futures shot up on Thursday following a closely watched U.S. government report forecasting a smaller corn and soybean harvest than previously projected, and below an average of analysts' estimates.