Category: Commodity News

On Monday, natural gas futures hit another 14-year high amid soaring US summer demand and EU’s supply squeeze. The NGAS contract traded higher by 0.56% to $9.332 per million metric British thermal units on August

Sugar futures plummeted for fourth straight days due to increased production in Brazil and low import data from China. The cost of sugar no.11 futures on the Intercontinental Commodity Exchange US (ICEUS) declined  by 2.58%

On Thursday, crude oil prices increased due to low US inventories and tight outlook for Russian supply. At the time of writing, the West Texas Intermediate futures are trading higher by 1.68% to $89.59 per

On Tuesday, the price of US cotton futures rose by 2.17% to $116.05 per metric ton over the past 24 hours and jumped further by 2.06% in the Asian afternoon session. The soft commodity has

According to the US Department of Agriculture (USDA)’s World Agricultural Supply and Demand Estimates (WASDE) report released on August 15, Australia’s new-crop wheat output projection increased by 3.00 million tons to 33.00 million tons. It

On August 12, wheat prices stepped lower amid the resumption of the Black Sea grain corridor. Chicago futures tied to the commodity plummeted 1.07% or 8.75 points to $801.25 per metric ton. Accordingly, a cargo

Natural gas prices took an uptrend on Thursday’s trading session after production failed to hold recent highs. The US NGAS futures edged up 3.08% to $8.46 per metric million British thermal units. Likewise, European contracts

On Monday, gold prices marked a decline after hitting a one-month high in the previous trading session. Market participants were cautious ahead of the release of US inflation figures later this day. Bullion futures for