Argentina on Thursday raised the prices of biodiesel and bioethanol for their mandatory blending with gasoil used in the domestic market, according to two resolutions published in the government's official gazette.
Chicago wheat futures rose on Thursday, recouping some of the previous session's losses, as news that a vessel hit a mine in the Black Sea put attention back on war risks while an Egyptian import tender broke a lull in demand.
A Yeti Airlines crash in Nepal that killed 72 people almost a year ago was caused by the pilots mistakenly cutting power leading to an aerodynamic stall, a report issued by a government-appointed investigation panel on Thursday said.
Robusta coffee futures on ICE were slightly lower on Thursday, slipping further from a recent more than 15-year high, while sugar and cocoa prices also fell.
The lowest free on board (FOB) offer presented in an international purchasing tender for wheat on Thursday from Egyptian state buyer GASC was estimated at $262.35 per metric ton for Ukrainian wheat, traders said.
China had 41.6 million sows at the end of November, down 1.2% month-on-month and down 5.2% from previous year, the Ministry of Agriculture and Rural Affairs said on Thursday.
Aluminium and nickel inventories in London Metal Exchange (LME) registered warehouses jumped to fresh highs this week after more inflows, LME data showed, highlighting excess supply.
Lawsuits accusing major chemical companies of polluting U.S. drinking water with toxic PFAS chemicals led to over $11 billion in settlements in 2023, with experts predicting that new federal regulations and a growing awareness of the breadth of PFAS contamination in the U.S. will spur more litigation and settlements in the year ahead.
Malaysian palm oil futures fell on Thursday after two consecutive sessions of gains, weighed down by weakness in Dalian vegetable oils, although lower production estimates limited losses.
Bangladesh's state grains buyer has purchased about 100,000 metric tons of milling wheat in two international tenders, which closed earlier in December, an official at Bangladesh’s food ministry said on Thursday.
Bangladesh garment factories have fired hundreds of workers since protests in October demanding higher wages, three labour unions representing half a million workers told Reuters this week, while many others are on the run fearing arrest.
Copper prices in London hovered around a five-month high on Thursday, supported by a softer dollar on bets of interest rate cuts by the U.S. Federal Reserve.
Chicago wheat futures edged higher on Thursday, recouping some of the previous session's losses, although gains were limited by a lack of demand in international markets at the year's end.
Copper prices in London were steady on Thursday, hovering around a five-month high hit in the previous session, supported by a softer dollar on bets of interest rate cuts by the U.S. Federal Reserve.
Malaysian palm oil futures declined on Thursday after two consecutive sessions of gains, weighed down by weakness in rival edible oils, although lower production estimates limited losses.
Malaysian palm oil futures opened lower on Thursday after two consecutive sessions of gains, tracking weakness in rival edible oils, while gains in the ringgit also weighed.
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