Nasdaq Commodities

In icy Iowa, Donald Trump appeared set to win Republicans' endorsement in the first-in-the-nation presidential nomination contest by an unprecedented margin.

Malaysian palm oil futures rose on Tuesday, driven by top importer India's move to allow edible oil imports at a concessional duty for one more year.

India will extend the import of edible oil at a lower duty by another year until March 2025, the government said in a notification issued late on Monday as the world's biggest importer of vegetable oil moves to limit local prices.

Indian shares were muted on Tuesday, weighed by a pullback in information technology stocks after a recent rally, and tracking Asian peers ahead of key economic data from China.

Dense fog swathed large parts of northern India on Tuesday for the third straight day of an intense cold wave, reducing visibility to disrupt more than 160 flights.

Malaysian palm oil futures opened higher on Tuesday, buoyed by a weaker ringgit and gains in crude oil prices.

India will extend imports of edible oil at a lower import duty by one more year until March 2025, the government said in a notification issued late on Monday, as the world's biggest importer of vegetable oil moves to limit local prices.

Chicago corn and soybean futures regained some ground on Tuesday after data showing strong U.S. production and stockpiles pushed prices to multi-year lows in the previous trading session.

Prices of most nonferrous metals declined on Tuesday, weighed down by a stronger dollar and concerns about demand in top consumer China.

Singapore's Wilmar International said on Tuesday its Chinese unit Yihai Kerry Arawana Holdings had denied involvement in an alleged China palm oil fraud.

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Latin American stocks and currencies slipped on Monday, with the Brazilian real leading losses amid a drop in iron ore prices, though trading activity was muted in the absence of U.S. market participants due to a public holiday.

Brazil's green coffee exports ended 2023 nearly flat from the previous year, as vigorous growth in shipments of the robusta variety and China's increasing appetite for the beverage partially offset logistical hurdles, exporters association Cecafe said on Monday.

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Tanzania has withdrawn approval for Kenyan national carrier Kenya Airways to operate flights between the Kenyan capital Nairobi and Dar es Salaam, Tanzania's commercial capital, its civil aviation authority said on Monday.

Robusta coffee futures rose on Monday to the highest level in at least 16 years boosted by tight supplies as the conflict in the Red Sea disrupted the flow of beans from Vietnam.

Euronext wheat set new contract lows on Monday before steadying as a pre-weekend slide in U.S. grain futures weighed on the market, while traders awaited direction from a tender to be held by major importer Algeria.

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Much of the United States remained gripped by an Arctic blast on Monday, cutting power to tens of thousands of customers in northern states and Texas and potentially dampening turnout in Iowa, where voters will cast the first ballots for a Republican candidate in November's presidential race.

Tanzania said on Monday it had withdrawn approval for Kenyan national carrier Kenya Airways to operate flights between the Kenyan capital Nairobi and Dar es Salaam, Tanzania's commercial capital.