Nasdaq Commodities

Euronext wheat was little changed on Tuesday as traders awaited the outcome of an Algerian import tender as a further gauge of export competition.

Brazil's oilseed industry is expected to increase processing capacity by 9% in 2024 from this year, industry group Abiove estimated on Tuesday, after the sector announced 6 billion reais ($1.24 billion) in investments in the area.

High electricity costs and patchwork regulations are holding back global efforts to reduce reliance on oil and gas, such as clean hydrogen, the CEO of Spanish oil major Repsol said on Tuesday.

European Union soybean imports in the 2023/24 season that started in July had reached 2.56 million metric tons by Sept. 17, up 2% from the 2.51 million tons a year earlier, data published by the European Commission showed on Tuesday.

In trading on Tuesday, shares of Equinox Gold Corp (Symbol: EQX) crossed below their 200 day moving average of $4.56, changing hands as low as $4.33 per share. Equinox Gold Corp shares are currently trading off about 16.8% on the day. The chart below shows the one year perfor

Gold, the precious metal, has long been held high in conventional markets. However, many investors believe that with its non-yielding nature, gold will lose its position as interest rates surge.

China has filed an appeal against a World Trade Organization panel report that recognised the U.S.' actions on steel and aluminium as security measures, the Chinese commerce ministry said on Tuesday.

London cocoa futures on ICE rose on Tuesday but remained some way off a recent 46-year-peak as the market consolidates recent gains, while raw sugar steadied near last week's 12-year top.

Daily energy market commentary provided by Nasdaq Corporate Solutions Advisory Services' Energy Team.

FXEmpire.com - Natural Gas Price Forecast Video for 20.09.23

Ukraine appealed to three neighbouring countries in the European Union on Tuesday to embark on "constructive dialogue" to end a dispute over agricultural trade, and approved what it called a "compromise scenario."

India will receive heavy monsoon rains at the tail end of the four-month season, the chief of the weather office said on Tuesday, bringing farmers succour after the driest August in more than a century hit some summer crops.

Chicago corn slipped on Tuesday to remain at its lowest levels since December 2020 as an advancing U.S. harvest kept attention on ample international supply following a record Brazilian crop.

Iranian state-owned animal feed importer SLAL is believed to have purchased animal feed corn in an international tender which closed on Sept. 13, European traders said on Thursday.

Ukraine will introduce export licences for a number of agricultural products supplied to certain Eastern European countries aiming to control its exports, the agriculture ministry said on Tuesday.

Malaysian palm oil futures closed lower on Tuesday, extending losses for a second session, weighed down by a selloff in rival vegetable oils.

Aurubis has further trimmed its annual earnings forecast after counting damages in connection with suspected metal theft, the German steelmaker said on Tuesday.

Copper prices extended losses on Tuesday on concern ahead of a U.S. Federal Reserve meeting that prolonged high interest rates will dampen metals demand and as inventories pile up.

Kazakhstan plans to export about 6 million metric tons of grains and up to 1.5 million tons of flour in 2023/24 season, Agriculture Minister Aidarbek Saparov said on Tuesday.

Algerian state agency OAIC is believed to have purchased about 30,000 metric tons of animal feed barley to be sourced from optional origins in a tender which closed on Thursday, European traders said on Tuesday.