Nasdaq Commodities

Daily energy market commentary provided by Nasdaq Corporate Solutions Advisory Services' Energy Team.

Raw sugar futures on ICE fell on Thursday, having hit a one-month low in the prior session as bearish technical signals weigh for now, but with the market underpinned by export delays in Brazil and poor crops in Thailand.

Britain's wheat imports rose in December and are running well ahead of last season's pace, customs data showed on Thursday.

The lowest free-on-board (FOB) offer presented at an Egyptian state purchasing tender for wheat on Thursday was $222 per metric ton for 60,000 tons of Ukrainian wheat, traders said.

Starbucks and Bank of America began a joint rewards program on Thursday aimed at retaining tens of millions of shared customers, the companies said.

India's cotton exports in February are set to jump to the highest level in two years, as a rally in global prices has made Indian cotton attractive for Asian buyers who earlier sourced the fibre from Brazil and the United States, traders said.

Ivory Coast's Cocoa and Coffee Council will not default on its export contracts despite a drop in cocoa production since the start of the October-to-March main crop, CCC's managing director Yves Brahima Kone said on Thursday.

Russian units of the world's leading seed producers, KWS and Syngenta, secured large a chunk of quotas for seed supplies to Russia this year, a Russian Agriculture Ministry order published on Thursday showed.

U.S. farmers will plant less corn and more soybeans in 2024 than they did a year earlier as prices of both commodities fall to multi-year lows, the U.S. Department of Agriculture said on Thursday.

Copper prices rose on Thursday as the U.S. dollar eased and on the back of stable manufacturing demand from top consumer China.

Polish farmers set off flares and firecrackers and pelted a European Commission office with eggs in the western city of Wroclaw on Thursday, the state news agency PAP reported, and organisers quickly tried to break up the protest.

Chicago soybean and corn futures fell on Thursday, holding around three-year lows as abundant supplies and dollar strength hung over markets while traders awaited U.S. crop planting and export data.

Rates of parboiled rice exported from India held record high levels hit this week even as demand was subdued from African buyers, while Vietnam saw increased trading activity after the holiday period.

A total of 261,950 metric tons of white sugar has been tendered against the March contract on ICE Futures Europe, exchange data showed on Thursday.

British retailer Marks & Spencer said on Thursday it has teamed up with Puma and Reebok as it looks to bolster its offering of external brands.

Farmers unions in India will hold talks with government ministers on Thursday, a union leader said, after two days of protests demanding higher prices for their crops.

India's law enforcement agency overseeing indirect taxes has summoned Indian offices of international airlines over alleged tax evasion on import of services, CNBC-TV18 reported on Thursday citing sources.

French jet engine maker Safran posted sharply higher revenue and operating profit for 2023, raised its dividend and predicted further growth this year on the back of strong demand for engine services.

Japan's Ministry of Agriculture, Forestry and Fisheries (MAFF) bought a total of 115,035 metric tons of food-quality wheat from the United States, Canada and Australia in a regular tender that closed on Thursday.

French jet engine maker Safran posted sharply higher revenues and operating profit for 2023 and predicted further growth this year, lifted by strong demand for engine services.