Nasdaq Commodities

Malaysia has maintained its October export tax for crude palm oil at 8% and lowered its reference price, a circular on the Malaysian Palm Oil Board website showed on Tuesday.

Copper prices edged lower in Asian trading on Tuesday, as the overall mood was subdued ahead of interest rate decisions by central banks this week, with the U.S. Federal Reserve set to begin its two-day policy meeting later in the day.

Taiwan's MFIG purchasing group bought about 65,000 metric tons of animal feed corn which is expected to be sourced from Brazil in an international tender on Tuesday, European traders said.

Tour group TUI on Tuesday confirmed its full-year outlook for the 2023 financial year, citing strong bookings in the summer and upcoming winter season despite extreme weather from flooding to heatwaves disrupting flights and holidays.

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

One cargo vessel carrying grain has left the Ukrainian Black Sea port of Chornomorsk for the first time since a grain deal collapsed, an industry source told Reuters on Tuesday, in a test of Ukraine's ability to unblock its seaports for grain export.

Leading South Korean feedmaker Nonghyup Feed Inc. (NOFI) has issued an international tender to purchase up to 138,000 metric tons of animal feed corn to be sourced from optional origins, European traders said on Tuesday.

Australia on Tuesday declared an El Nino weather pattern was underway as the country's southeast sweltered in an intense spring heat wave that raised the risks of bushfires and prompted authorities to issue a total fire ban for Sydney.

Gucci creative director Sabato De Sarno takes to the runway in Milan on Friday, in a high-stakes designer debut for the Italian label’s owner, French luxury group Kering.

The Group of Seven (G7) on Tuesday called on China to press Russia to stop its aggression in Ukraine after foreign ministers of the bloc met on the sidelines of the United Nations General Assembly and released a joint statement.

Kazakhstan harvested 6.6 million metric ton of grains and pulses as of Sept. 19, down from 14.2 million tons at the same date last year, Agriculture Minister Aidarbek Saparov said on Tuesday.

Malaysia's exports fell 18.6% in August, faster than expected, government data showed on Tuesday.

Chicago wheat slid more than 1% on Tuesday, dropping to a one-week low as cheap Russian grain flooded the market and the docking of ships in Ukraine eased concerns over supplies from the war-torn country.

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

Copper prices edged lower in Asian trading on Tuesday, as the overall mood was subdued ahead of interest rate decisions by central banks this week, with the U.S. Federal Reserve set to begin its two-day policy meeting later in the day.

Chicago wheat prices fell nearly 1% on Tuesday after sliding 2.2% in the previous session as cheap Russian grain flooded the market and the docking of ships in Ukraine raised hopes of easier shipments from the war-torn country.

COVID wasn't kind to wedding planners in China, where marriages are traditionally elaborate, expensive affairs, but the industry estimated at almost $500 billion is now facing a bigger threat: a plunge in the number of couples willing to tie the knot.

An intense spring heat wave sweeping across Australia's southeast raised the risks of bushfires, prompting authorities on Tuesday to issue the first total fire ban in nearly three years for Sydney and shut down several schools.

The U.S. corn harvest was 9% complete by Sunday and the soybean harvest 5% complete, government data showed on Monday, both ahead of five-year averages, however crop condition ratings hovered at their lowest in a decade, reflecting dry conditions in much of the Midwest.

U.S. corn futures on the Chicago Board of Trade (CBOT) hit their lowest levels in nearly three years on Monday as the Midwest harvest expanded, adding to fears of a supply glut at a time of weak export demand for U.S. supplies, traders said.