In trading on Thursday, shares of POSCO Holdings Inc (Symbol: PKX) crossed below their 200 day moving average of $85.26, changing hands as low as $84.80 per share. POSCO Holdings Inc shares are currently trading up about 0.4% on the day. The chart below shows the one year per
Mercon Coffee Group, one of the world's largest coffee traders, has filled for bankruptcy protection in the United States due to what it defined as "exceptionally challenging operating environment", according to a document seen by Reuters.
London cocoa futures on ICE rallied back towards record highs on Thursday as new signs emerged of dwindling supplies, while raw sugar turned higher after setting a four-month low.
Brazilian state-run oil company Petrobras said on Thursday it will reduce refinery gate diesel prices by an average 6.7% starting Friday, while keeping gasoline prices steady "at the moment".
Romania's plan to boost the monthly transit capacity for Ukrainian grain through its Constanta port to four million metric tons is still achievable, Transport Minister Sorin Grindeanu said on Thursday.
JetBlue Airways on Thursday narrowed its annual adjusted loss forecast, riding on strong demand for travel during the holiday period and sending its shares 12% higher in morning trading.
Copper prices rose in London on Thursday, halting a three-session run of declines, helped by strong Chinese export data and a weaker dollar, though other factors capped gains.
London Metal Exchange (LME) stocks of aluminium have been draining away steadily since August and headline inventory of 443,000 metric tons is now the lowest since February.
Shares of smaller companies that have lagged for most of 2023 are drawing investors on both sides of the Atlantic, as they weigh the benefits from an expected fall in interest rates next year against worries about a possible economic downturn.
The oil and gas sector and alternative fuel producers need to beef up efforts to produce greener aviation fuel to help airlines to cut carbon emissions, the chief economist of global aviation industry body IATA said on Wednesday.
Indonesian state purchasing agency Bulog has issued an international tender to buy 534,000 metric tons of rice sourced from optional origins, European traders said on Thursday.
Brazilian crop agency Conab has cut its forecast for Brazil's 2023/24 soybean production but still predicts the South American nation will produce a record crop in the 2023/24 cycle, according to a statement on Thursday.
Cocoa futures on the ICE exchange rallied back towards record highs on Thursday as new signs emerged of dwindling supplies, while raw sugar recovered after sinking 8% on Wednesday.
Dollar General posted a smaller-than-expected drop in quarterly sales and beat profit estimates on Thursday, as more shoppers turned to its stores for cheaper groceries and other essentials amid sticky inflation pinching household budgets.
India directed sugar mills not to use cane juice or syrup to produce ethanol, the government said in a notification on Thursday, as New Delhi tries to increase sugar supplies by curtailing ethanol production.
Malaysian palm oil futures extended declines to a fifth straight session on Thursday to hit a six-week low, tracking weakness in rival edible oils and crude oil.
London copper prices were flat on Thursday as traders refrained from making active bets in the absence of any major market-moving catalysts, while strong performances in the U.S. dollar so far this week also weighed on the greenback-priced metal.
Reuters
Checked
12 minutes 17 seconds ago
This feed is responsible for generating the rss feed related to the topic Commodities