Category: Commodity News

Commodity News

Corn prices climb as US crop rating drops

On Tuesday, corn prices pinned a recovery after a weekly report from the US Department of Agriculture signaled deteriorating crops. Chicago maize futures increased 2.36% or 14.38 points to $623.38 per metric ton. The grain

oil
Commodity News

Crude oil slips on cloudy demand outlook

Crude oil prices decreased on Monday, hovering over multi-month lows as concerns about weakening demand continued to weigh on commodity markets. The US West Texas Intermediate futures slashed 0.94% to $88.16 per barrel, trailing a

TMN- Aluminum
Commodity News

Aluminium prices hike, supported by weaker greenback

On August 05, aluminium futures advanced, gaining ground from the recent weakness of the greenback ahead of key labor data. London futures tied to the base metal rose 1.44% to $2,437.50 per metric ton. Accordingly,

Gold
Commodity News

Gold futures took an upturn on lower dollar

On Thursday, gold futures crept higher, bolstered by the cooled rally of the greenback. The precious yellow metal soared 1.26% to $1,798.85 per ounce. At the same time, the spot bullion added 0.97% to $1,782.70

gasoline
Commodity News

Natural gas futures rise on lower Nord Stream flows

On Wednesday, natural gas prices increased, boosted by the reports of lower flows from the Nord Stream pipeline. Subsequently, the US NGAS futures climbed 1.65% or 0.13 points to $7.825 per metric million British thermal

oil
Commodity News

Oil plunges on demand jitters amid weak Chinese data

On Monday, crude oil prices edged down, dragged by demand concerns after top importer China issued disappointing manufacturing growth. The US West Texas Intermediate futures declined 1.78% to $96.81 per barrel. Then, the Brent crude

soybean
Commodity News

Soybean prices hike as US crop faces heat

On Friday, soybean prices hiked, hovering near a four-week high as expected hot and dry weather conditions in the US Midwest threaten to reduce yields. Chicago futures of the oilseed crop added 1.43% or 20.75