Category: Commodity News

TMN- Aluminum
Commodity News

Aluminum prices recover from 7-month low

On Wednesday, aluminum prices rebounded from a seven-month low, bolstered by the dwindling inventories. On the London Metal Exchange, futures tied to the commodity gained 1.10% or 19.00 points to $2,589.00 per tonne. The upswing

TMN - Cocoa
Commodity News

Cocoa futures slide amid higher inventories

On Tuesday, cocoa futures notably declined, extending their week-long slide, after the ICE reported upbeat inventories. Futures tied to the commodity lost 2.43% or 59.00 points to $2,373.00 per metric ton, skidding to a rough

TMN - Crude
Commodity News

Crude oil prices fall on Chinese demand worries

On Monday, crude oil prices skidded as investors worried about the weighing impact of China’s new stringent Covid-19 curbs on the demand. The US West Texas Intermediate futures plunged 2.12% or 2.51 points to $118.16

Aluminum
Commodity News

Aluminum prices plummet on bearish market mood

On Friday, aluminum prices skidded amid the bearish prospects imposed at North America’s conference. On the London Metal Exchange, the futures tied to the commodity plummeted 2.02% to $2,735.00 per tonne. At the same time,

gasoline
Commodity News

US Natural gas sinks after Texas terminal fire

On Thursday, US natural gas prices slumped after the reports of a fire at the Texas export terminal. This incident threatened to leave fuel supplies stranded in shale basins amid the soaring overseas demand. The

TMN - Oil
Commodity News

Oil prices tick higher on low stocks forecast

On Wednesday, oil prices remained high as traders anticipated a report of low US crude inventories. The West Texas Intermediate futures gained 1.02% or 1.21 points to $120.70 per barrel. This jump came after reaching

TMN - Coffee
Commodity News

Coffee futures climb on Brazil’s dry weather

On Tuesday, coffee prices edged up on concerns that dry conditions in top producer Brazil may lead to smaller bean production. Arabica contracts advanced 1.50% or 3.48 points to $235.88 per pound, hitting a three-month

TMN - Wheat
Commodity News

Wheat futures surge on global supply woes

On Monday, US wheat prices notched a higher turn, rising for the second consecutive session amid worries over the Black Sea region supplies. On the Chicago Board of Trade, futures tied to the grain rocketed