Nasdaq Commodities

Air Canada reported a quarterly profit on Friday compared with a year-ago loss as Canada's largest airline cashed in on strong international travel demand.

Canadian industries are pushing back against the country's planned January launch date of the Modern Slavery Act, intended to fight forced labor and child labor in supply chains, as mining and apparel trade groups say the government has failed to spell out the details of the law's requirements.

French firefighters on Friday continued to tackle the remnants of a blaze at grain silos in the Atlantic port of La Rochelle, but the site's operator expected little disruption to loading at one of France's biggest grain export terminals.

Vietnam has 7 million to 8 million metric tons of rice for export this year, state media reported on Friday.

Indian textiles maker Raymond reported on Friday a multifold jump in first-quarter profit, helped by an exceptional gain from the sale of its consumer business.

South Korea’s state-backed Agro-Fisheries & Food Trade Corp. has issued an international tender to purchase an estimated 130,200 metric tonnes of rice all to be sourced from China, European traders said on Friday.

Ukraine's grain exports have totalled 2.98 million metric tons so far in the 2023/24 July-June season, Agriculture Ministry data showed on Friday.

Floods have damaged corn and rice crops in China's key northern grain-producing belt, traders and analysts said, with more rain in the forecast as another typhoon approaches, threatening to add to global food inflation pressures.

French farmers made little progress harvesting wheat and barley last week as northern regions experienced more wet and cool weather, data from farm office FranceAgriMer showed on Friday.

Retail prices for imported and locally produced rice in the Philippines rose further by 4% to 14% this month, government data showed on Friday, as global and domestic farmgate prices soared, adding pressure on food inflation.

Rio Tinto, on Friday, concluded key agreements with the government of Guinea and Winning Consortium Simandou (WCS) on the trans-Guinean infrastructure for the Simandou, one of the world's largest deposits of iron ore.

Most non-ferrous metals in London dropped on Friday, poised for their second consecutive weekly losses, amid concerns of a slow recovery in the Chinese property sector and as the dollar firmed after the U.S. inflation data.

India's rice export ban has the world market bracing for similar actions by rival suppliers to avoid potential domestic shortages as sellers try to fill the 10 million metric ton gap left by New Delhi, stoking concerns over already high global food inflation.

Chicago soybeans rose on Friday as expectations of higher demand for U.S. cargoes underpinned prices, although the market looked poised for a third weekly decline.

Malaysian palm oil futures fell for a third session on Friday, tracking weakness in rival vegetable oils on the Dalian Commodity Exchange, although rising exports offered some support.

Pakistan's benchmark share index rose 2.1% in early morning trade after Morgan Stanley Capital International (MSCI) added 15 Pakistan-listed companies to its main Frontier Market index.

Most nonferrous metals declined on Friday, as a firm dollar made the greenback-priced metals expensive to holders of other currencies, and as a Chinese property giant's debt issue raised doubts about a real estate recovery.

Malaysian palm oil futures fell for a third session on Friday, tracking weakness in rival vegetable oils on the Dalian Commodity Exchange, and are set to post a third weekly loss.

Chicago soybeans edged higher on Friday ahead of a key U.S. supply-demand report due later in the day, although the market was poised for a weekly decline with improved weather weighing on prices.

Russian aluminium giant Rusal reported a 75% drop in first-half net profit on Friday due to dwindling raw material resources, high inflationary pressures and international sanctions, which increased production costs.