Category: Commodity News

On Friday, cocoa climbed amid reduced production from the Ivory Coast and a weaker dollar buying to cover futures. Cocoa futures for May delivery traded firmer by 4.68% to $2,738.50 per metric ton on March

On Friday, corn prices climbed, benefiting from China’s strong demand and purchases, while Thursday marked its third consecutive rise. Corn futures for May delivery increased by 0.73% to $636.62 per metric ton on March 17’s

On Thursday, prices of soybeans hiked due to a drought crisis in Argentina, leading to weaker grain production. Soybeans futures for May delivery increased by 0.36% to $1,493.12 per bushel on March 16’s Asian afternoon

On Wednesday, natural gas prices went down since new plants were proposed and approved, boosting supply and can fill the gas market. Natural gas futures for April delivery declined by -0.08% to $2.57 per million

On Tuesday, oil prices fell, making the previous day’s dip longer as the collapse of Silicon Valley Bank sparked fear about a money crisis. The West Texas Intermediate (WTI) crude oil futures for April delivery

On Friday, coffee prices climbed due to climate concerns affecting the beans’ production, especially in Africa and Asia. Coffee futures for May delivery rose by 1.29% to $177.30 per pound on March 10’s Asian afternoon

On Thursday, sugar prices rose due to unfavorable global weather, resulting to a decline in grain productions. Sugar futures for May delivery increased by 1.20% to $21.13 per pound on March 09’s Asian afternoon session.

On Thursday, wheat prices rose due to heavier rains dropping down in Australia, which is blamed for food shortages, giving crops a boost. Wheat futures for May delivery went up by 0.15% to $688.50 per