Soft Commodities
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Palm Oil Retreats from 3-Week High
Malaysian palm oil futures dipped around 1.5% to below MYR 4,700 per tonne, reversing gains from the prior two sessions…
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Palm Oil Rises Further, Hits 3-Week High
Malaysian palm oil futures extended gains, hovering above MYR 4,650 per tonne and notching a three-week peak. The upside was…
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Sugar Futures at 1-Month High
Sugar futures in the US rose toward 15.2 US cents, the highest since early April, as traders weighed expectations of…
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Wheat Futures Ease from 2-Year High
Wheat futures eased to $6.2 per bushel, retreating from a nearly two-year high of $6.5 reached on April 28, as…
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Cocoa Futures at Near 3-Month High
Cocoa futures rose above $3,800 per tonne, hitting the highest level since February amid growing supply risks. While weather conditions…
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Arabica Coffee Futures Stay Below $3
Arabica coffee futures remained below $3 per pound in May, far from last year’s record high above $4, as ample…
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Palm Oil Stays Below MYR 4,600
Malaysian palm oil futures remained below MYR 4,600 per tonne, falling for a second straight session amid a firmer ringgit…
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Cattle Fade Back Lower into the Close
Live cattle futures closed the Friday session with contracts down 40 cents to $1.02, as June was $7.77 on the…
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Short Covering Emerges in Coffee Futures on Dollar Weakness
July arabica coffee (KCN26) on Friday closed up +0.85 (+0.30%), and July ICE robusta coffee (RMN26) closed up +3 (+0.09%).…
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Cocoa Prices Supported by Resilient Chocolate Demand
July ICE NY cocoa (CCN26) on Friday closed up +27 (+0.76%), and July ICE London cocoa #7 (CAN26) closed up…
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