Nasdaq Commodities

Ukrainian Deputy Prime Minister Oleksandr Kubrakov denied on Thursday that the new Black Sea export corridor was suspended.

Ivory Coast must speed up efforts to make cocoa stocks destined for the European market comply with European Union (EU) deforestation law that will come into full effect from January 2025, the EU's ambassador to Ivory Coast said on Thursday.

London cocoa futures on ICE hit record highs on Thursday for the third day this week as funds, seeing no let up in supply shortages, bet on rising prices.

Sanderson Farms persuaded a federal jury in Chicago on Wednesday to reject claims by supermarkets, farms and distributors that the chicken producer conspired with industry rivals to suppress supply to artificially drive up prices.

India has cut the floor price for basmati rice exports to $950 per metric ton from $1,200, a government source told Reuters on Thursday, after farmers and exporters complained it was damaging the trade by stalling shipments.

Olive oil prices in Spain will remain at record levels at least until June after a drought hit the south of the country for the second year in a row, Deoleo, the world's largest olive oil producer, said on Thursday.

Russian producer Rusal's decision to buy into a Chinese raw materials supplier is a significant marker in the reconfiguration of the global aluminium map.

Wall Street's main indexes were poised to open lower on Thursday, as megacap stocks remained under pressure from elevated Treasury yields, while investors took stock of recent Big Tech earnings and a mixed batch of economic data.

Daily energy market commentary provided by Nasdaq Corporate Solutions Advisory Services' Energy Team.

Mexico is looking to reduce an airport usage fee by 8%-12%, a top official told Reuters late on Wednesday, providing clarity into the government's plans following airport groups' complaints of "unilateral" changes being made to their operations.

India has cut the floor price for basmati rice exports to $950 per metric ton from $1,200, a government source told Reuters on Thursday.

Brazilian state-run oil company Petrobras said on Thursday it has not reached any deal with Bolivia's YPFB on potentially building a new fertilizer plant in the neighboring country.

South African farmers are expected to harvest 6% more maize in the 2022/2023 season compared with the previous season, the government's Crop Estimates Committee (CEC) said on Thursday.

Brazilian state-run oil company Petrobras said on Thursday it has not reached any deal with Bolivia's YPFB on potentially building a new fertilizer plant in the neighboring country.

London cocoa futures on ICE hit fresh record highs on Thursday, their third record this week as funds, seeing no let up in supply shortages, continued to place bets on rising prices.

Privately held U.S. fine jewelry and luxury watch marketplaces Worthy and CIRCA Jewels told Reuters on Thursday they will merge to create a company worth more than $100 million.

Aluminium climbed to a two-week high on Thursday as firm demand in top consumer China and lower inventories in London Metal Exchange (LME) approved warehouses created momentum for prices to break through a key technical level.

Chicago wheat futures turned higher on Thursday, recovering from an earlier two-week low, as a report that Ukraine has halted traffic in a Black Sea shipping channel put attention back on war risks to export supply.

Singapore's Wilmar International posted a decline in third-quarter earnings on Thursday, as lower refining margins from its tropical oils business and weaker performance at its fertiliser operations offset a steady volume growth.

Malaysian palm oil futures extended gains on Thursday, buoyed by strength in rival edible oils and a softer ringgit, although lacklustre exports and weaker crude oil prices limited gains.