Category: Commodity News

On Tuesday, prices of Chicago Board of Trade (CBOT) soybeans went higher as harvest slowed in Brazil due to heavy rains. Soybean futures for March delivery increased by 0.28% to $1,526.25 per metric ton in

On Monday, gasoline prices lowered caused by low global energy demand as Europe banned Russian oil products. Gasoline futures for March delivery plummeted by -0.47% to $2.31 per gallon on February 06. The US Bureau

On Friday, copper rose as the Chinese-owned Las Bambas mine stopped operations in Peru amid the arrest of former President Pedro Castillo. Copper contracts for March delivery increased by 0.79% to $4.12 per pound on

On Thursday, soybean prices increased due to high imports from the European Union. Besides, the USDA slashed its outlook on Argentina’s soy output. At the time of writing, the US soy futures for the March

On Wednesday, wheat futures lost ground as Canada’s production spiked on improved soil moisture conditions. At the time of writing, the price of the US wheat contract for March delivery plummeted by 0.21% to $760.40

On Monday, raw sugar futures hit their highest level in six years amid tight supply worries on India’s weak production outlook. The price of US sugar #11 contracts rose by 1.15% to $0.21 per pound,

On Sunday, Pakistan’s Finance Ministry announced to lift diesel and gasoline prices by 35 rupees or $0.14 a liter. This decision came after the nation’s currency value dropped by 12.00% last week following the price

On Friday, natural gas rose as Freeport LNG resumed operations after it started to receive small amounts of energy. Natural gas for March delivery went up by 1.69% to $2.88 per million metric British thermal