Nasdaq Commodities

Malaysian palm oil futures rose on Friday tracking stronger rival vegetable oils, and were set for a second straight week of gains.

Retail inflation will return to the central bank's comfort band of 2%-6% as vegetable prices soften, according to a member of India's Monetary Policy Committee (MPC), who said the trajectory of inflation will be clearer once the recent spike ebbs.

Copper prices declined on Friday as a strong dollar made greenback-priced metals more expensive to holders of other currencies.

Canada said on Friday it will participate as a third party in the dispute settlement proceedings between the U.S. and Mexico regarding genetically modified (GM) corn in imported tortillas and dough, citing concerns about Mexico's stance on the matter.

China is aiming to achieve a supply and demand balance in its steel market this year, the industry ministry said on Friday, even as the market faces mounting pressure from a floundering economy and ongoing property market woes.

India's Reliance Industries is likely to sell an additional 8-10% stake in its retail arm Reliance Retail Ventures to fund expansion, retire debt and prepare for a public listing of the conglomerate's retail business, the Economic Times reported on Friday.

Chicago wheat prices rose on Friday, as hot and dry weather in the United States and other key exporting countries raised the prospect of lower yields.

Malaysian palm oil futures rose on Friday and were set for their second straight weekly gains, tracking stronger prices of the rival vegetable oils.

China said on Friday it will expand imports of recycled steel raw materials.

Chicago wheat prices edged higher on Friday, as hot and dry weather in the United States and other key exporting countries raised the prospect of lower yields.

Japan's Ministry of Agriculture, Forestry and Fisheries (MAFF) bought a total of 91,462 metric tons of food-quality wheat from the United States and Canada in a regular tender that closed on Thursday.

Iowa's corn yield prospects are lower than a year ago and below the three-year average, but soybean pod counts are higher than average, scouts on an annual tour of top U.S. production states found on Thursday.

A broad rise in prices of food essentials in India driven by uneven and scanty rain is forcing the government into a series of measures to boost supplies and ease inflationary pressures.

In a village a little over an hour's drive from Nepal's capital of Kathmandu, six women wearing yellow rubber gloves and surgical masks work in a shed, gently squeezing the wet larvae of the black soldier fly into small plastic containers.

It's been a tough couple of years to be in the metals storage business with dwindling inventories taking a heavy toll on the London Metal Exchange's (LME) global warehouse network.

Brazil's orange production is at risk due to a citrus greening disease spreading in the world's largest fruit and juice producer, a research center said on Thursday, as producers rush to get ahead of the outbreak.

Raw sugar futures on ICE rose on Thursday with supplies set to tighten in coming months, driven partly by the prospect of India banning exports.

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Gap Inc on Thursday forecast a steeper-than-expected decline in current-quarter sales after missing expectations in the second quarter, hit by slowing demand for its accessories and apparel as budget-strained American customers cut back on spending.

The Federal Aviation Administration (FAA) said on Thursday it is considering subjecting high-volume charter flight operators to stricter regulations imposed on passenger airlines.