Nasdaq Commodities

Copper prices rose sharply on Thursday on a weaker dollar and expectations of interest rate cuts next year that would boost economic growth and metals demand.

Malaysian palm oil futures rose for the first time in three days on Thursday, tracking gains in rival soyoil and a likely drop in the production in December, although weak exports capped the upside.

Ivory Coast's cocoa grind was up 3.2 % year-on-year in October at 60,453 tonnes, data from the exporters' association GEPEX showed on Thursday.

Virgin Australia has reached a cabin crew pay deal with unions that had called for strikes ahead of the busy end-of-year travel season, the airline said on Thursday.

Trading activities in the coffee market remained lacklustre in Vietnam on depleted supplies as farmers refrained from selling in the hope of higher prices, traders said on Thursday, while premiums narrowed in Indonesia.

Air France-KLM on Thursday forecast a pick up in operating margin for 2026-28 ahead of an investor day in Paris, predicting results would improve by 2 billion euros ($2.2 billion) over the next five years and sending its shares higher.

Labour unions representing ground service workers at Spanish airports plan to strike from late December into early January, Spain's Iberia, part of the International Airlines Group, said.

India's Tata Capital is looking to purchase a roughly 13% stake in premium domestic fashion brand Rare Rabbit at a valuation of $300 million, as it seeks to bet on the country's affluent shoppers, three sources familiar with the matter said.

Prices of base metals rose on Thursday on outlook of a potential interest rate cut in the United States next year and that the Federal Reserve's rate hike cycle has come to an end.

Saudi Arabia’s state wheat buying agency GFSA on Thursday said it has issued an international tender to purchase 715,000 metric tons of milling wheat, confirming earlier reports from European traders.

Early holiday shopping season discounts from high-end fashion retailers like Bergdorf Goodman on New York's Fifth Avenue raised concern that a lacklustre Christmas could lead to inventory gluts – potentially dragging labels into a discounting spiral that would cheapen their image.

Saudi Arabia’s state wheat buying agency GFSA on Thursday issued an international tender to purchase an estimated 715,000 metric tons of milling wheat, European traders said.

Japan's Ministry of Agriculture, Forestry and Fisheries (MAFF) bought a total of 102,493 metric tons of food-quality wheat from the United States and Canada in a regular tender that closed on Thursday.

Indonesia's trade surplus is likely to narrow in November as exports are seen posting another contraction, while imports are expected to witness a marginal growth, a Reuters poll showed on Thursday.

Germany's METCYCLE, a scrap metal trading platform, has raised $5 million to expand to meet growing demand for recycling raw materials including aluminium used in electric vehicles and lithium used for batteries.

Indonesia has ordered the military to help farmers plant rice as severe drought has reduced output of the staple in Southeast Asia's most populous country, lifting prices, requiring increased imports and threatening food security.

Malaysian palm oil futures remained largely unchanged on Thursday, as lower stocks-induced bargain buying countered pressure from slowing exports and concerns about biodiesel demand after a slump in crude oil prices.

Chicago soybeans were largely unchanged on Thursday after a two-day slide, as expectations of rains in Brazil's parched oilseed producing regions continued to pressure prices.

PDD Holdings' international facing discount e-commerce platform, Temu, filed a lawsuit in a U.S. District of Columbia court on Wednesday alleging rival Shein employed "Mafia-style intimidation" to coerce suppliers that also worked with Temu.

Prices of most base metals rose on Thursday on projections that the U.S. interest rate hike cycle has come to an end, with cuts potentially starting in 2024.