On Thursday, wheat prices declined amid hopes that stuck Ukraine grain supplies from the Black Sea region could start moving. Futures tied to the grain edged down 2.06% or 23.40 points to $1,123.80 per metric ton. The contract trailed a drop of 0.56% to $1,148.25 per metric ton yesterday. Nevertheless, wheat prices are still up …
On Friday, natural gas prices declined as European countries replenished their stockpiles, easing concerns over tight supply. Futures tied to the commodity edged down 4.01% or 0.34 points to $7.97 per metric million British thermal units. Accordingly, companies increased their fuel reserves to guard against any potential disruption from Russia, the continent’s top supplier. As …
On Monday, wheat prices significantly soared after India, one of the top producers, banned exports amid the scorching heatwave in the country. The most active futures tied to the grain jumped 5.22% or 61.60 points to $1,242.10 per metric ton. It extended its previous upsurge of 6.35% to 1,241.38 per metric ton. New Delhi announced …
On Thursday, copper prices clawed back after skidding to their lowest in almost eight months. The recovery came after the slowing coronavirus infections in top metals consumer China, easing near-term demand concerns. Copper futures for delivery in July gained 0.77% or 71.00 points to $9,299.50 per tonne. The metal hiked from a slump of 1.88% …
Copper prices rebound as Chinese covid cases ease Read More »
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