Luckin Coffee said on Tuesday that it sold more than 5.42 million cups of the alcohol-infused latte it rolled out with Kweichow Moutai on the first day of its launch, setting a new sales record for the Chinese coffee chain.
Chicago wheat futures rose on Tuesday, regaining some of last week's lost ground, as expectations of lower output in key exporting countries, including Australia underpinned the market.
Malaysia's palm oil inventories at the end of August likely jumped to a six-month high, as output rose and exports slowed, a Reuters survey showed on Tuesday.
Copper prices fell on Tuesday, weighed down by rising inventories in exchange warehouses and concerns about demand amid subdued economic data from top consumer China.
Malaysian palm oil futures opened lower on Tuesday, declining for a second straight session as weakness in Dalian and Chicago Board of Trade (CBOT) rival oils weighed on the market.
The Philippines, one of the world's biggest rice importers, may reduce tariffs on the grain to help lower domestic costs, which pushed inflation higher in August, the economic planning minister said on Tuesday.
Chicago wheat futures rose on Tuesday, regaining some of last week's lost ground as expectations of lower output in key exporting countries, including Australia underpinned the market.
Qantas Airways said on Tuesday that long-serving CEO Alan Joyce would exit the company two months earlier than previously flagged as a reputational turbulence engulfs Australia's flagship carrier.
Qantas Airways said on Tuesday that long-serving CEO Alan Joyce would exit the company two months earlier than previously flagged as a reputational turbulence engulfs Australia's flagship carrier.
Authorities from Argentina's Mendoza province have finalized the selection process for a $1 billion investor to help develop a potash mine, the governor said on Monday, more than a decade after Brazil's Vale SA shelved the project amid price pressures.
Brazil's central bank said on Monday it would hold auctions starting on Tuesday to roll over $13.3 billion in traditional currency swaps maturing on Nov. 1.
The second half of August was exceptionally dry in the U.S. Corn Belt, likely trimming yields for corn and especially soybeans due to their reliance on late-season moisture. Speculators responded by boosting their bullish Chicago soybean bets, which they have held for more than three years, and easing bearishness in corn futures.
Recent rainfall over Argentina's agricultural heartland has brought significant relief to the wheat crop in particular, raising hopes for a good season after continued harsh droughts which caused huge losses in the 2022/23 season, the Rosario grains Exchange (BCR) said Monday.
London cocoa futures on ICE were down slightly on Monday as the market extended its retreat from last week's 46-year high while white sugar prices edged higher.
Chilean state-owned mining company Codelco expects to reach an agreement with lithium miner SQM this year, Codelco chairman Maximo Pacheco said on Monday during a public event.
Chilean state-owned mining company Codelco expects to reach an agreement with lithium miner SQM this year, Codelco chairman Maximo Pacheco said on Monday.
London cocoa futures on ICE were down slightly on Monday as the market extended its retreat from last week's 46-year high while white sugar and robusta coffee prices edged higher.
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