Nickel prices fell on Wednesday as traders eyed better supply from top producer Indonesia, while a steady U.S. dollar and the lack of policy support from leading consumer China weighed on market sentiment.
Malaysian palm oil price is seen trading in the range of 3,800 to 4,300 ringgit in the next three months as supplies tighten, leading industry analyst Thomas Mielke said on Wednesday.
Global palm oil production declined between January and March this year, with stocks down by 1.2 million metric tons so far in the current quarter, leading industry analyst Thomas Mielke told an industry conference on Wednesday.
Rainfall in Argentina is set to become less frequent as the El Nino weather phenomenon subsides, giving way to a drier autumn and the possibility of a La Nina climate pattern, the Buenos Aires Grains Exchange said on Tuesday.
Copper prices extended their decline on Wednesday, as a steady U.S. dollar dampened the greenback-priced commodity's appeal, while a lack of policy support from top consumer China at its key parliament meeting left traders disappointed.
Australia's Qantas Airways has been fined A$250,000 ($162,375) for illegally sacking an employee who told staff not to clean aircraft arriving from China early in the COVID-19 pandemic, adding to the airline's reputational challenges.
Chicago Board of Trade soybean futures slipped on Tuesday, surrendering gains from the previous session as large South American supplies weighed on the market.
Bayer on Tuesday said it won a trial in a lawsuit brought by a retired postal service worker in Pennsylvania who alleged he developed non-Hodgkins lymphoma from using the company's Roundup weedkiller.
Louis Vuitton womenswear designer Nicolas Ghesquiere celebrated his tenth anniversary at the LVMH-owned label with a fashion show that drew crowds to the Louvre Museum at nightfall on Tuesday, the last day of Paris Fashion Week.
FXEmpire.com - Natural gas is set to complete another day with a higher low and higher high as the uptrend progresses. At the same time, the close on Wednesday following a new trend high was weak, in the lower half of the day’s trading range. A similar situation may be developing
Nordstrom forecast annual results largely below analysts' estimates on Tuesday, signaling a slower-than-expected rebound in demand even as consumers see some relief from easing inflationary pressures, sending the company's shares down 10%.
London cocoa futures on ICE fell on Tuesday after scaling record highs as investors remained spooked about supply shortages, while raw sugar recovered from Monday's five-week low.
Algerian state grains agency OAIC has bought milling wheat in an international tender which closed on Tuesday, European traders said in initial assessments.
Ultra-low-cost airline Spirit Airlines has its work cut out as it plots a future after the collapse of its $3.8 billion merger deal with JetBlue Airways.
FXEmpire.com - Natural Gas
Daily Natural Gas
Natural gas futures are modestly down on Tuesday, with traders evaluating the balance between impending production cuts and the current ample supply. Although these cuts are expected to reduce supply during the upcoming sum
FXEmpire.com - Gold
Daily Gold (XAUUSD)
Gold reached a record high on Tuesday, driven by expectations of U.S. monetary easing and ongoing geopolitical risks, attracting momentum-driven funds. The demand is further supported by robust fundamentals, including strong Asian physical