Nasdaq Commodities

London copper prices were subdued on Wednesday ahead of the conclusion of the U.S. Federal Reserve's two-day meeting, heading for a slight monthly gain amid supply disruption.

Taiwan's government expressed anger after China "unilaterally" changed a flight path close to the sensitive median line in the Taiwan Strait, saying it appeared to be a deliberate attempt to change the status quo for possible military means.

Chicago wheat futures fell on Wednesday and headed for their first monthly decline since September, as falling Russian export prices and a strengthening dollar weighed on U.S. prices.

China's imports of unwrought aluminium more than doubled year-on-year in 2023 and were the second highest annual total since the start of the century.

New Zealand's business confidence rose in January with inflation expectations taking a step lower, but the proportion of firms planning to raise their prices remained stubbornly high, an ANZ Bank survey showed on Wednesday.

Brazil and Bolivia will carry out studies on building fertiliser factories in both countries, which could help reduce their dependence on imported fertilisers, Brazil's agriculture ministry said on Tuesday.

Exports from Latin American and Caribbean countries contracted last year after two years of strong post-pandemic growth, according to a report published on Tuesday by the Inter-American Development Bank (IDB), which warned of further decline.

Mondelez International posted a rise in fourth-quarter sales on Tuesday, but price hikes took a toll on volumes as it squeezed demand for the Cadbury parent's chocolates and salty crackers and sent its shares down more than 3% after the bell.

U.S. corn and soybean futures rallied on Tuesday, closing higher on a round of bargain buying after both commodities fell to multiyear lows, although supportive news about supply and demand was lacking, analysts noted.

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London cocoa futures on ICE hit record levels on Tuesday after reports of adverse weather that could hit production and further indications demand has not shrunk much in response to high prices.

(RTTNews) - The price of crude oil moved sharply higher during trading on Tuesday, largely offsetting the steep drop seen in the previous session.

Argentine farmers have closed the 2023/24 wheat campaign with a harvest of 15.1 metric tons, slightly lower than initially hoped for but up nearly a quarter versus the drought-hit previous season, the Buenos Aires grains exchange said on Tuesday.

(RTTNews) - Following the uptick seen during the previous session, the price of gold showed another modest move to the upside during trading on Tuesday.

Merchant bank BDT & MSD Partners, the owner of Alliance Laundry Systems, is exploring a sale of the U.S. laundry equipment manufacturer that could value it at nearly $5 billion, including debt, according to people familiar with the matter.

Agritech startup Inari Agriculture said on Tuesday it raised $103 million in its latest funding round, notching up a valuation of $1.65 billion.

U.S. corn and soybean futures rallied on Tuesday on a round of bargain buying after both commodities fell to multi-year lows, although supportive news about supply and demand was lacking, analysts noted.

FXEmpire.com -

Copper prices rose on Tuesday, lifted by hopes that top metals consumer China would roll out more measures to stabilise its economy and stock markets, but weak demand curbed gains.

Global X, a provider of exchange-traded funds, has withdrawn its application for spot bitcoin ETF, a regulatory filing showed on Tuesday, making it the first company among those that applied to the U.S. securities regulator for approval last year to do so.