Nasdaq Commodities

Malaysian palm oil futures dropped on Thursday, as investors booked profits after five straight sessions of gains, while lower overseas demand also weighed on the market.

Nickel prices fell on Thursday, pressured by muted consumption as well as increasing production and inventories in exchange warehouses.

Chicago soybean futures slid for a third consecutive session on Thursday, as rains in parts of Brazil's oilseed belt eased concerns over yields losses.

Boeing has won a key clearance from China's aviation regulator, moving it a step closer to resuming deliveries of 737 MAX aircraft to the country after a more than four-year freeze, trade publication The Air Current said on Wednesday.

The pandemic-era drop in overseas travel by Chinese tourists and students has been a boon for Gen-Z focused online shopping platform Dewu.

Egypt's wheat reserves are sufficient for 4.5 months, while sugar and vegetable oils reserves cover 5.2 months, the country's state news agency said on Wednesday citing Supply Minister Aly Moselhy.

Exporters are scrambling to find alternative air, land and ocean routes to get toys, apparel, tea and auto parts to retailers as disarray ripples through freight supply chains around the world during a wave of attacks in the Red Sea.

The amount of coffee available in the world at the end of the 2023/24 season (Oct-Sept) will be the smallest for the last 12 years, as production is projected to be close to total use, the United States Department of Agriculture (USDA) said on Wednesday.

Raw sugar futures on ICE hit a fresh eight-and-a-half-month low on Wednesday as funds liquidated their remaining longs, while robusta arabica coffee fell after sharp gains seen in the previous session.

FXEmpire.com -

Chicago front-months' corn contracts hit new lows on Wednesday after the U.S. government closed two key rail crossings into Mexico, the top importer of U.S. corn, in response to rising migrant crossings.

LATAM Airlines has placed an order for five Boeing 787s, it said on Wednesday, adding more of the widebody aircraft meant for long-haul or larger capacity flights to its book.

Pilots at Southwest Airlines will get about a 50% pay raise over a five-year period in their new contract, according to the details shared by their union on Wednesday.

FXEmpire.com -

The U.S. is detecting fewer cases of avian flu in wild birds that transmit the virus to poultry flocks, the agriculture department said, a potentially positive development for farmers and consumers after a two-year outbreak.

FXEmpire.com -

Lava flows from a volcano in Iceland were slowing on Wednesday, the Icelandic Metrological Office said on Wednesday, as the eruption looked set to spare a nearby town that was evacuated following weeks of earthquakes.

Chicago soybean futures were mixed to lower on Wednesday, as market participants kept tracking weather forecasts in drought-hit Brazil and adjusted their positions ahead of the holidays.

Canadian apparel maker Gildan Activewear's board on Wednesday backed its decision to remove Glenn Chamandy from the CEO role, after some big shareholders called for his return.

Shipping companies remain in the dark over a new international navy coalition being assembled by the United States to combat attacks in the Red Sea, with many vessels continuing to avoid the area or cancelling contracts, sources said on Wednesday.