Nasdaq Commodities

Copper prices rose on Wednesday as a lower dollar and expectations of further stimulus to boost economic growth in top consumer China boosted sentiment.

EU countries will on Friday consider whether to add a loophole allowing nuclear power to be used in ammonia production to a landmark law on expanding renewable energy, diplomatic sources said, after pressure from states including France.

Monthly sales of marine fuel, also known as bunker fuel, hit over five-year highs at the world's largest refuelling hub Singapore in May as vessel arrivals spiked amid firm container throughput, official data showed on Wednesday.

Bunge's planned acquisition of Viterra would make the world's biggest oilseed crusher even more dominant and secure a larger role in the expanding renewable diesel industry, although it may face competition hurdles.

Monthly sales of marine fuel, also known as bunker fuel, exceeded 4.5 million tonnes and struck over five-year highs at the world's largest refuelling hub Singapore in May, official data showed Wednesday.

Farm office FranceAgriMer lowered on Wednesday its forecast for French soft wheat exports outside the European Union in the 2022/23 season to 10.2 million tonnes from 10.3 million projected in May.

Russian President Vladimir Putin discussed supplies of fertilizers, wheat and fuel during a phone call with the interim president of Mali, the Kremlin said on Wednesday.

Spanish oil company Cepsa signed on Wednesday two agreements aimed at shipping green hydrogen between Spain and the Netherlands, a day after renewable energy giant Iberdrola took a similar step.

Ukraine's grain exports for the 2022/23 season stood at 47.1 million tonnes as of June 14, Agriculture Ministry data showed on Wednesday.

Toyota Motor said this week it will adopt a technology Tesla pioneered known as "Gigacasting" as part of a strategy by the Japanese automaker to improve the performance – and lower the cost – of future electric vehicles (EVs).

The final shape of LVMH's likely Olympics sponsorship rests on Antoine Arnault, one of LVMH Chairman and CEO Bernard Arnault's five children and heirs, in a high-profile deal that could test the 46-year old's marketing prowess.

Europe's Airbus on Wednesday raised its 20-year forecast for new airplane deliveries, but tempered its predictions for growth in the global airline fleet as carriers focus on replacing more older jets.

Shanghai copper prices rallied on Wednesday to a seven-week peak, underpinned by a brighter demand outlook and supply tightness in top consumer China, with a weaker U.S. dollar lending support.

The Taiwan Flour Millers' Association purchased an estimated 56,000 metric tons of milling wheat to be sourced from the United States in a tender on Wednesday, European traders said.

Malaysian palm oil futures surged on Wednesday for a second straight session, hitting a two-week high, tracking a rally in rival edible oils underpinned by concerns over dry weather conditions.

Malaysian palm oil futures advanced on Wednesday for a second straight session, hitting a two-week high, tracking a rally in rival edible oils underpinned by weather concerns.

U.S. soybean futures edged lower in early Asian trading on Wednesday, as traders locked in profits after a rally in the previous session following concerns over crop conditions amid dry conditions in the U.S. Midwest.

Shanghai copper prices rose on Wednesday to a seven-week high, with the demand outlook buoyed by China's latest economic support and a subdued dollar amid expectations of an interest rate hike pause by the U.S. Federal Reserve.

Swedish miner Boliden said on Tuesday it will suspend production at Europe's largest zinc mine in Ireland and lay off its 650 workers within the next month due to "unsustainable financial losses".