India's July edible oil imports were set to jump to a record 1.86 million metric tons, nearly 60% more than normal, as refiners raised purchases to build stocks for festivals amid uncertainty over supplies from the Black Sea, dealers and cargo surveyors said on Tuesday.
Prices of most nonferrous metals rose on Tuesday as investors and traders bet on improving demand from top consumer China after leaders pledged support to its troubled property market.
Unilever on Tuesday reported better-than-expected underlying quarterly sales growth as the maker of Dove soap and Ben & Jerry's ice cream again raised prices to make up for higher costs.
The trend for low-rise rubber-soled "terrace" sneakers could give Adidas and Puma an advantage over Nike this summer, but may not offset weakening U.S. and Chinese demand.
Malaysian palm oil futures fell on Tuesday, as traders locked in profits after prices rallied to a 4-1/2-month high in the prior session on Russia's attacks on Ukrainian grain warehouses.
China urged fishing boats to seek shelter and farmers to speed up their harvest while Taiwan suspended annual military drills as super typhoon Doksuri spiralled closer to East Asia, potentially reaching deep into China.
Prices of most nonferrous metals rose on Tuesday, supported by pledges from Chinese leaders to shore up economic growth in the world's biggest metals consumer.
Russia and nations taking part in this week's Russia-Africa summit will discuss Moscow's grain and fertilisers exports, Oleg Ozerov, ambassador at large at the Russian foreign ministry, told the state RIA news agency in remarks published on Tuesday.
Chicago wheat futures rose to a five-month top on Tuesday, gaining 2% as Russia's attacks on Ukrainian ports and grain infrastructure sparked concerns about long-term global supplies and food security.
Malaysian palm oil futures fell on Tuesday, as traders locked in profits after prices rallied to a 4-1/2-month high in the prior session on Russia's attacks on Ukrainian grain warehouses.
Logitech International on Tuesday raised its sales outlook for the first half of its 2024 financial year, in the first set of results since longstanding CEO Bracken Darrell quit the computer peripherals maker last month.
Indonesian miner PT Amman Mineral Nusa Tenggara has obtained a government permit to export 900,000 wet metric tonnes of copper concentrate until May next year, the company has said.
Indonesian state-owned energy company Pertamina has launched sales of gasoline containing 5% of bioethanol made from sugar molasses in two cities, as the country aims to expand the availability of renewable fuels.
U.S. wheat futures hit a five-month high on Tuesday, stretching gains following Russia's attacks on Ukrainian ports and grain infrastructure that sparked concerns about long-term global supplies and food security.
U.S. wheat futures surged 8.6% on Monday, rising their daily maximum at the Chicago Board of Trade (CBOT) after Russia attacked Ukrainian ports and grain infrastructure, including the first attack on Danube River grain warehouses.
Raw sugar futures on ICE hit a fresh one-month high on
Monday as adverse weather kept investors worried about supplies,
while arabica coffee also gained.
Netherlands-based JDE Peet's, one of the world's leading coffee companies, announced on Monday the acquisition of the coffee and tea operations of Brazil's JAV Group, the number four largest coffee business in the country.
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