Indian buyers curtailed purchases of palm oil for December and January shipments due to rising prices and as refiners face negative margins after making heavy imports in the past few months, industry officials told Reuters on Thursday.
London nickel prices hit their lowest level in more than two-and-a-half years on Thursday, as lingering concerns about oversupply weighed on the market.
British travel company Jet2 said it was on track to meet annual forecasts after it posted a jump in operating profit for the six months to the end of September, helped by ongoing strong demand for flights and holidays.
India's wheat planting is expected to remain stagnant despite a rally in prices to near record highs, as lower soil moisture prompts farmers in some areas to switch to less water-intensive crops, industry officials and scientists told Reuters.
British travel company Jet2 posted a 19% jump in operating profit for the six months to the end of September, after it took more people on holiday, and more of those opted for higher-margin package holidays.
South African budget fashion retailer Mr Price reported on Thursday a 9.3% decline in half-year profit, hit by elevated levels of power cuts and as double-digit inflation in food and transport impacted its value customers more severely.
Ukraine's efforts to revive sea exports in defiance of Russia's military blockade have given a glimmer of hope to a teetering farm sector in which loss-making producers are abandoning some land in one of the world's biggest grain belts.
Malaysian palm oil futures declined on Thursday after three consecutive sessions of gains as the contract tracked weakness in Dalian vegetable oils and crude oil, while market participants awaited output data.
Nickel prices fell on Thursday, with the London contract hitting its lowest level in more than two-and-a-half years, as a lingering oversupply pressured any price rally.
A U.S. appeals court on Wednesday said it struck down the Biden administration's decision to deny small refiners "hardship waivers" that exempt them from nation's biofuel mandates, in a win for the refining industry.
Malaysian palm oil futures opened lower on Thursday after three consecutive sessions of gains, with weakness in Dalian vegetable oils and crude oil weighing on the market.
More than 400 Macy's workers in Washington state are planning a three-day strike from Black Friday through Sunday, alleging unfair labor practices and demanding better wages, according to UFCW Local 3000's website.
Brazilian state-run oil firm Petrobras is looking into potential tie-ups to speed up its plans to boost Brazil's fertilizer output, two sources close to the matter said.
Chicago soybean futures lost more than 1% on Wednesday as rain fell in Brazil, easing worries over the persistent dryness and heat that has plagued crops in the top exporting nation, analysts said.
Italy blocked French group Safran's planned $1.8 billion purchase of the flight control systems arm of Collins Aerospace because it could have threatened supplies to national armed forces, Prime Minister Giorgia Meloni said on Wednesday.
A recent deal regulating French nuclear power risks making electricity more expensive and must be carefully monitored to ensure the new rules do not strengthen EDF's dominant position, power group Engie's CEO said on Wednesday.
The European Parliament on Wednesday rejected a plan to cut back reliance on pesticides in agriculture in another setback in Europe-wide efforts to protect the environment.
Chicago wheat gained more than 1% on Wednesday as a Russian attack on a Ukrainian port continued to stoke worries over trade in the Black Sea, an integral route for the global grain market.
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