A global aluminium producer has offered Japanese buyers a premium of $95 per metric ton for January-March primary metal shipments, down 2% from the current quarter, three sources directly involved in quarterly pricing talks said.
Malaysian palm oil futures fell on Friday to their lowest since October, on course for a second week of losses as they tracked weaker rivals and faced a lack of fresh orders from importers.
Copper prices advanced on Friday, supported by a softer dollar and data from top consumer China that showed factory activity surprisingly expanded in November.
Chicago wheat futures fell on Friday but were still on track to end the week around 3.1% after larger than expected U.S. export sales added impetus to a short-covering rally.
Asian off-season rice production is poised to take a hit as dry planting conditions, shrinking reservoirs and forecasts for continued El Nino weather are set to reduce early 2024 yields, further tightening supplies and spurring food inflation.
Semiconductor firm Marvell Technology said on Thursday it expects nearly half of its quarterly revenue to decline in the first quarter of 2025, sending its shares down over 4% in afterhours trading.
Australia's competition watchdog on Friday said it will not oppose the proposed acquisition of two milk processing plants by retailer Coles Group from local dairy processor Saputo.
Semiconductor firm Marvell Technology said on Thursday it expects nearly half of its quarterly revenue to decline in the first quarter of 2025, sending its shares down over 4% in afterhours trading.
Elon Musk is keen to achieve what no business leader has done before, from mass-producing electric cars to developing reusable space rockets. Now he is blazing another trail most chief executives have avoided: the profane insult.
Chicago wheat and corn futures climbed more than 1% on Thursday as traders covered more short positions following a slump to multi-year lows and as weekly export sales topped forecasts and included sizable purchases by major importer China.
Chicago Board of Trade wheat futures rose more than 2% on Thursday as the market found support from a favorable U.S. Department of Agriculture export report showing improved demand.
Prices for arabica coffee at the Intercontinental Exchange (ICE) in New York rose nearly 7% on Thursday following a sharp reduction on the amount of bags available at ICE's certified warehouses, while raw sugar prices fell more than 3%.
Chicago wheat and corn futures climbed more than 1% on Thursday as traders covered more short positions following a slump to multi-year lows and as weekly export sales topped forecasts and included sizable purchases by major importer China.