Category: Commodity News

Copper prices surged as Russian Copper Company (RCC) and Chinese firms allegedly evaded taxes and sidestepped Western sanctions by trading disguised copper wire rods. On Monday’s Asian afternoon session, Copper futures ending in May contracts

Oil prices recovered on Friday, finding support from a stronger potential for supply disruptions due to the escalating conflict between Israel and Iran, although prices are on track for weekly declines amid the prospect of

On Thursday, corn futures rose as investors compensated ahead of a US government report that may show a plummet in stocks. In the Asian afternoon session, corn futures expiring in May increased by 0.55% to

On Wednesday, wheat prices recovered from an overnight decline, finding support from better US winter crop conditions. US wheat futures for May delivery surged by 1.54% to $5.66 per bushel in Asian afternoon trade after

On Tuesday, gold prices surged vaguely and remained at an all-time high ahead of more signals on US inflation and interest rates. The yellow metal futures ending in June rose by 0.59% to $2,364.85 per

On Monday, oil prices plunged as Middle East tensions eased following Israel retreated soldiers from Gaza and pledged to new talks on a potential ceasefire. In the Asian afternoon session, Brent futures ending in June

Oil prices climbed to their highest in five months in Asian trade on Friday and were on track for a bumper week in two months as geopolitical tensions between Israel and Iran continue to intensify.