Nasdaq Commodities

London cocoa futures on ICE rose to another 46-year high on Thursday, with no hope of supply tightness easing any time soon, while white sugar touched a 12-year peak.

Argentina's 2023/24 wheat crop has been helped by recent rains in key agricultural areas, the Buenos Aires grains exchange said on Thursday, although western parts of the country are still parched.

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Gold, the precious metal, has long been held high in conventional markets. However, many investors believe that with its non-yielding nature, gold will lose its position as interest rates surge.

The Federal Aviation Administration (FAA) is set to announce on Thursday it is upgrading Mexico's air safety rating, a move that will allow Mexican carriers to expand U.S. routes, sources told Reuters.

London cocoa futures on ICE rose to another 46-year high on Thursday, with no hope of supply tightness easing any time soon, while raw sugar touched a 12-year peak.

Chicago wheat futures fell on Thursday as traders cashed in on a brief rally amid ample supplies from top exporter Russia and a slight increase to Canada's wheat crop forecast.

FXEmpire.com - Key Insights Working gas in storage grew by 57 Bcf, compared to analyst consensus of +48 Bcf.  The potential intensification of strike action in Australian LNG projects provided some support to the market, but prices have started to move lower after the release of

The Philippines said on Thursday it expects its rice imports this year and in 2024 to be well below the latest projections by the U.S. Department of Agriculture, as the Southeast Asian nation steps up efforts to boost local harvests.

The aluminium sector in India is a bright spot in an otherwise flat to downbeat global picture as the government rolls out infrastructure and industry seeks to satisfy growing demand, an executive said on Thursday.

Russia has stepped up imports of the aluminium feedstock alumina from India in recent months to supply its vast Siberian plants, a move that diversifies the sanctions-hit country's supply, helps reduce dependence on China and cuts costs.

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

Canadian farmers will harvest slightly more wheat and a bit less canola than expected earlier in summer, but dry conditions will keep both crops small, a government report showed on Thursday.

Pot producer Canopy Growth said on Thursday it would seek bankruptcy protection for its sports nutrition products' segment BioSteel.

There is a more than 95% chance that El Niño conditions will continue through the Northern Hemisphere winter from January - March 2024, a U.S. government weather forecaster said on Thursday.

FXEmpire.com - Natural Gas Price Forecast Video for 15.09.23

The London Metal Exchange (LME) said on Thursday that it would introduce a phased roll-out of an evolved closing price methodology to its most liquid contracts from January 2024 after a market-wide consultation.

Delta Air Lines on Thursday cut current-quarter forecasts for operating margins and profit, owing to increased fuel expenses amid supply cuts by Russia and Saudi Arabia.

European industrial customers are still buying aluminium from Russia's Rusal this year, trade data show, but clients are divided on whether to hammer out deals for 2024.