Nasdaq Commodities

Arabica coffee futures on ICE hit their lowest in seven months on Tuesday as the harvest in top producer Brazil is nearing its end, while sugar and cocoa headed higher.

Chicago corn and soybean futures fell on Tuesday after a weekly report from the U.S. government showed better-than-expected conditions for both crops.

The discount on aluminium for near-term delivery compared with the three-month contract on the London Metal Exchange (LME) has reached its highest since the global financial crisis of 2008, indicating weak demand and rising supply.

IndiGo operator Interglobe Aviaition Ltd's co-founder, Rakesh Gangwal, will sell company shares worth up to $450 million via block deal, CNBC-TV18 reported on Tuesday, citing sources.

Russia on Tuesday released video footage showing an armed naval inspection unit boarding a cargo ship in the southwestern Black Sea on Sunday and questioning the captain about why the ship had not stopped when demanded to by a Russian warship.

Chinese pork processing giant WH Group Ltd expects hog prices in China to rise 10-20% in the second half of 2023 from the first six months, supported by stronger demand and smaller supply glut.

Home Depot on Tuesday reported a smaller-than-expected decline in quarterly same-store sales, as demand was buoyed by Americans spending on small-scale home-improvement projects amid signs of stabilization in the housing market.

Vietnam has 7 million to 8 million metric tons of rice for export this year, after putting aside sufficient for national food security, the country's agriculture minister said on Tuesday.

Copper prices rose on Tuesday from a six-week low hit in the previous session, on expectations of improving demand as top metals consumer China cut policy rates, and as a softer dollar made greenback-priced metals cheaper to holders of other currencies.

Hydro Rein, owned by energy and aluminium company Norsk Hydro, is establishing a solar power company with the Norwegian Church Endowment (OVF), a landowner and wholly owned state fund, the company said in a statement on Tuesday.

The Global Centre for Maritime Decarbonisation (GCMD) found carbon emissions fell 83% using a vegetable oil biofuel blend compared with marine gasoil in a trial for a dual-fuel liquefied petroleum gas (LPG) carrier, the centre said on Tuesday.

Danish jewellery maker Pandora on Tuesday raised its full-year revenue outlook as it reported second-quarter sales above analyst forecasts.

Malaysian palm oil futures jumped more than 3% on Tuesday, set to end a three-session decline on a weaker ringgit, improving exports and strength in rival edible oils.

Indonesia's trade surplus shrank more than expected in July to $1.31 billion, as imports contracted less than predicted, data from the statistics bureau showed on Tuesday.

Chicago corn and soybean futures slid on Tuesday after a weekly report from the U.S. government showed better-than-expected conditions for both crops.

Indonesia's exports plunged 18.03% on a yearly basis in July to $20.88 billion, roughly in line with expectation, data from the statistics bureau showed on Tuesday, as prices of its top commodities like coal and palm oil fell.

Malaysian palm oil futures rose more than 2% on Tuesday after a three-session decline, lifted by a weaker ringgit, improving exports and strength in rival edible oils.

Copper prices inched higher on Tuesday from a six-week low hit in the last session, as top metals consumer China cut short-term loan rates and reverse repo rates, and as a softer dollar made greenback-priced metals cheaper to holders of other currencies.

China's primary aluminium output in July rose slightly from a year earlier, according to data released on Tuesday, as smelters in the southwestern province of Yunnan ramped up production as hydropower supply for their facilities improved.

China's crude steel output in July eased 0.34% from the prior month, the statistics bureau said on Tuesday, because of production restrictions in Tangshan city in northern China and Sichuan province in the southwest.