Soft Commodities
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Commodity Wrap -Oil, Natgas, Gold, Cocoa
Oil: Price drop below key levels: The price of Brent crude oil briefly fell below the local low from June…
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Drier Weather in Brazil Aids Coffee Harvest and Weighs on Prices
September arabica coffee (KCU26) today is down -1.95 (-0.73%), and July ICE robusta coffee (RMN26) is down -64 (-1.76%). Coffee…
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Excessive Rain in the Ivory Coast Boosts Cocoa Prices
July ICE NY cocoa (CCN26) on Monday closed up +382 (+9.22%), and July ICE London cocoa #7 (CAN26) closed up…
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Slumping Crude Oil Pressures Sugar Prices
July NY world sugar #11 (SBN26) on Monday closed down -0.24 (-1.77%), and Aug London ICE white sugar #5 (SWQ26)…
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Cotton Eased Lower
Cotton futures rounded out the Monday trade with contracts down 12 to 95 points lower. Crude oil was down another…
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Soybean Prices Struggle at 4-Month Lows
Soybean futures hovered around $11.2 per bushel, pressured near four-month lows, as favourable US crop weather conditions and falling crude…
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Palm Oil Eases from Near 3-Week High
Malaysian palm oil futures edged lower, holding below MYR 4,700 per tonne after a recent two-week peak, weighed by profit-taking…
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Wheat Falls from 3-Week High
Wheat futures eased to around $6 per bushel, down from a three-week high of $6.13 on June 17, as crude…
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Soybeans Attempt Rebound
Soybean futures rose above $11.2 per bushel, attempting to rebound from four-month lows as a stronger US dollar was offset…
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Palm Oil Hits Over Two-Week High
Malaysian palm oil futures extended their recent gains, hovering above MYR 4,650 and climbing to their highest level in more…
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