Category: Commodity News

Commodity News

Sugar Prices Pulled Down by Abundant Global Supplies

On Thursday, sugar prices extended their losses amid reports indicating lower futures driven by a robust outlook for the sweetener’s supplies. Sugar contracts for July delivery declined by -1.66% to $18.34 a pound on Thursday’s

Commodity News

Cocoa Price Recovery Boosted by Lacking Liquidity

On Wednesday, cocoa prices spiked due to a lack of liquidity, with open interest in its futures near their lowest in over a decade. Cocoa futures for July delivery rose 7.12% to $7,843.00 per metric

Commodity News

Wheat Prices Rally Amid Weather Developments

On Wednesday, wheat futures spiked as the winter season’s grains entered their late growth stages while spring planting progressed. Wheat contracts for July delivery went up by 0.73% to $676.90 per metric ton on Wednesday’s

Five essential farm commodities saw double-digit growth in March exports
Commodity News

Commodity Market Volatility: Weekly Trends and Insights

Quick Look: Wheat Futures Surge: Prices jumped significantly, driven by concerns over crop losses in Russia due to adverse weather, tightening global supplies; Corn and Soybean Volatility: The market was a rollercoaster ride as fluctuations

Commodity News

Oil Falters on China’s Mixed Inflation Cues, US Data Awaits

Oil prices weakened on Monday amid uncertainty over China’s economy following mixed inflation readings, while markets were cautious ahead of crucial US inflation data this week. Brent crude oil futures for July delivery declined 0.31%