Nasdaq Commodities

Raw sugar futures traded on the ICE exchange fell on Monday, heading back towards recent six-week lows as supply concerns ease, while coffee and cocoa steadied.

Copper prices came under pressure on Monday from worries about demand, particularly in top consumer China, and a stronger dollar which makes metals priced in the U.S. unit more expensive for holders of other currencies.

Drissa Dembele, a farmer and buyer of raw cashews, surveyed unshelled nuts he had spread out to dry on a tarpaulin in a dusty courtyard, unsure of when he would sell them.

Canadian miner Fortuna Silver Mines Inc said a contractor employee died at its Caylloma mine in Peru on Friday.

Poland's agriculture minister has received a draft regulation from the European Commission extending a ban on Ukrainian grain imports until September 15, he said on Monday.

France's second-largest sugar maker Cristal Union on Monday posted a net profit of 179 million euros ($191.35 million) for its 2022/23 financial year, up 85% from the 97 million reported a year earlier, helped by a surge in sugar prices.

Most non-ferrous metals declined on Monday, as a stronger dollar made greenback-priced metals more expensive to holders of other currencies.

Saudi Arabia bought 624,000 tonnes of wheat in an international purchasing tender for September-October shipment, the state buyer said on Monday.

Global airlines more than doubled their 2023 industry profit forecast to $9.8 billion from $4.7 billion on Monday cheered by strong travel demand as the sector recovers from the COVID-19 pandemic.

Lufthansa's purchase of a minority stake in Italy's loss-making ITA Airways injects fresh momentum into a wave of consolidation in Europe's fragmented aviation market that could see more mid-tier national carriers snapped up.

Air fares are moderating as capacity returns to the global airline network after the pandemic, Qantas Chief Executive Alan Joyce said on Monday.

U.S. industrial conglomerate 3M Co and the city of Stuart, Florida are making "significant" progress to settle a water pollution suit tied to toxic "forever chemicals" and sought to delay a trial, according to a court filing on Sunday.

Bangladesh could face power cuts for two more weeks, its power minister said late on Sunday, as higher electricity consumption because of rising temperatures has caused a fuel shortfall for generation plants.

U.S. industrial conglomerate 3M Co and the city of Stuart, Florida has jointly filed a motion to delay the trial of a "bellwether" PFAS case, according to a court filing late on Sunday.

Indonesia wants to raise its white sugar output to 2.6 million tonnes this year, the country's National Food Agency (Bapanas) said in a statement late on Sunday.

Most nonferrous metals declined on Monday, as a stronger dollar made greenback-priced metals more expensive to holders of other currencies.

Chicago wheat rose more than 1% on Monday to its highest in almost three weeks as concerns over Black Sea supplies and crop damage in top consumer China underpinned the market.

Agricultural Bank of China issued 20 billion yuan ($2.82 billion) in agricultural special bonds into the interbank market on Friday, a record amount for such bonds, with an issue rate of 2.65%, the state-owned Securities Times reported.

The Philippines unit of AirAsia owner Capital A Bhd is looking at an initial public offering next year, its chairman said on Monday.