Malaysian palm oil futures posted a weekly drop on Friday, snapping three consecutive weeks of gains, hurt by weakness in rival vegetable oils and expectations of higher ending stock in August.
Chicago soybeans inched down on Friday as expectations of large supply from South America curbed prices while the market awaited a clearer picture of the upcoming U.S. harvest.
Copper prices in London extended declines on Friday, heading for the biggest weekly loss in four weeks, driven by a strong dollar and patchy data from major economies including top metals consumer China.
Soya Supreme, one of the largest cooking oil manufacturers in Pakistan, is planning an initial public offering, officials said on Friday, as the company looks to expand its business to the Middle East and North Africa.
The United Nations food agency's world price index fell in August to a new two-year low, reversing a rebound seen the previous month, as a decline in most food commodities offset increases for rice and sugar.
A Russian missile slammed into a police building in the central Ukrainian city of Kryvyi Rih on Friday, killing a policeman and injuring many more people, Interior Minister Ihor Klymenko said.
Romania's government will approve on Friday a plan to upgrade road infrastructure in the Black Sea port of Constanta, part of wider investments in the port which could help more Ukrainian grain to transit.
An estimated 80% of French grain maize crops were in good or excellent condition by Sept. 4, down from 82% the previous week, just as the harvest kicks off in the European Union's largest producer of grain, the farm office FranceAgriMer said on Friday.
An estimated 80% of French grain maize crops were in good or excellent condition by Sept. 4, down from 82% the previous week, farm office FranceAgriMer said on Friday.
Copper prices were on track for their biggest weekly decline since the week ended Aug. 11 on a rally in the dollar and as risk-off sentiment spilled over from the equities market.
Britain's competition regulator said it provisionally backed the aviation regulator, the CAA, in most of its decisions over how much Heathrow Airport can charge airlines over the 2024-2026 period, after both airlines and the airport launched appeals.
Malaysian palm oil futures were set for their first weekly drop in four as the market extended losses on Friday, pressured by weakness in rival vegetable oils and expectations of higher production in August.
A group of South Korean flour mills rejected all offers and made no purchase of around 45,000 metric tons of milling wheat to be sourced from Canada sought in an international tender on Thursday, European traders said on Friday.
New Zealand Prime Minister Chris Hipkins said campaigning ahead of the Oct. 14 election was just ramping up as parliament was dissolved on Friday, with opinion polls suggesting six years of centre-left Labour government were likely to end next month.
Malaysian palm oil futures were set for their first weekly drop in four as the market fell further on Friday, dragged down by weakness in Dalian and Chicago Board of Trade (CBOT) rival oils.
Chicago soybeans eased on Friday and the market was on track for a second consecutive weekly drop on expectations of large harvests in South America, although strong demand from top buyer China limited losses.
Chicago soybean prices were on track for a second consecutive weekly fall on Friday as expectations for large harvests in Argentina and Brazil offset concerns about a heat-damaged crop in the United States.
China has rediscovered its appetite for imports of refined zinc after a prolonged absence from the international market. The country took in 76,800 metric tons of metal in July, the highest monthly tally since April 2019. China has stepped up domestic output of refined zinc this year, but the Shanghai market continues to be plagued by low inventory and tight time-spreads.
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