Nasdaq Commodities

Ukraine's grain exports have totalled 2.98 million metric tons so far in the 2023/24 July-June season, Agriculture Ministry data showed on Friday.

Floods have damaged corn and rice crops in China's key northern grain-producing belt, traders and analysts said, with more rain in the forecast as another typhoon approaches, threatening to add to global food inflation pressures.

French farmers made little progress harvesting wheat and barley last week as northern regions experienced more wet and cool weather, data from farm office FranceAgriMer showed on Friday.

Retail prices for imported and locally produced rice in the Philippines rose further by 4% to 14% this month, government data showed on Friday, as global and domestic farmgate prices soared, adding pressure on food inflation.

Rio Tinto, on Friday, concluded key agreements with the government of Guinea and Winning Consortium Simandou (WCS) on the trans-Guinean infrastructure for the Simandou, one of the world's largest deposits of iron ore.

Most non-ferrous metals in London dropped on Friday, poised for their second consecutive weekly losses, amid concerns of a slow recovery in the Chinese property sector and as the dollar firmed after the U.S. inflation data.

India's rice export ban has the world market bracing for similar actions by rival suppliers to avoid potential domestic shortages as sellers try to fill the 10 million metric ton gap left by New Delhi, stoking concerns over already high global food inflation.

Chicago soybeans rose on Friday as expectations of higher demand for U.S. cargoes underpinned prices, although the market looked poised for a third weekly decline.

Malaysian palm oil futures fell for a third session on Friday, tracking weakness in rival vegetable oils on the Dalian Commodity Exchange, although rising exports offered some support.

Pakistan's benchmark share index rose 2.1% in early morning trade after Morgan Stanley Capital International (MSCI) added 15 Pakistan-listed companies to its main Frontier Market index.

Most nonferrous metals declined on Friday, as a firm dollar made the greenback-priced metals expensive to holders of other currencies, and as a Chinese property giant's debt issue raised doubts about a real estate recovery.

Malaysian palm oil futures fell for a third session on Friday, tracking weakness in rival vegetable oils on the Dalian Commodity Exchange, and are set to post a third weekly loss.

Chicago soybeans edged higher on Friday ahead of a key U.S. supply-demand report due later in the day, although the market was poised for a weekly decline with improved weather weighing on prices.

Russian aluminium giant Rusal reported a 75% drop in first-half net profit on Friday due to dwindling raw material resources, high inflationary pressures and international sanctions, which increased production costs.

Russian aluminium giant Rusal said on Friday its first-half net profit fell 75% due to dwindling raw material resources, high inflationary pressures and international sanctions, which increased production costs.

Air taxi maker Archer Aviation has reached an agreement with Boeing and its Wisk air taxi unit to settle litigation and collaborate on autonomous technology, the companies said on Thursday.

Air taxi maker Archer Aviation said on Thursday it secured a $215 million equity investment and reached agreement with Boeing and its Wisk air taxi unit to collaborate and settle litigation.

The Panama Canal Authority said on Thursday it has implemented temporary restrictions on passage slots for booked vessels that it expects will help ease a bottleneck of ships that are waiting outside the waterway to pass without reservations.

Chicago Board of Trade corn and wheat futures firmed on Thursday, with traders unwinding bearish bets ahead of a key U.S. government report on supply and demand on Friday.

Argentina farmers have finished sowing 6 million hectares (14.8 million acres) of wheat, the Buenos Aires Grains Exchange said on Thursday, warning that dry conditions are starting to affect the 2023/24 crop in the north of the country.