Nasdaq Commodities

Malaysian palm oil futures closed down 3.02% on Monday, following a stronger ringgit and weaker rival oils, although the contract booked a monthly gain.

Chicago wheat, corn and soybeans fell on Monday as forecasts of milder weather in the U.S. Midwest grain belt reduced concerns over heat damage to U.S. crops.

Indian rice exporters have been receiving requests from buyers to advance shipments of basmati rice after New Delhi banned exports of non-basmati white rice to dampen local prices, industry officials told Reuters.

The European Union's antitrust regulators said on Monday that they had sent a statement of objection to French luxury fashion house Pierre Cardin and its licensee Ahlers.

Shares in Haidilao International Holding soared 16% on Monday after China's largest hotpot chain said it expected to report a 30-fold jump in first-half profit with diners returning to restaurants after the country lifted its strict COVID curbs.

Ukraine's grain exports for the first month of the new season rose to 2.16 million metric tons as of July 31 from 1.61 million in July 2022, Agriculture Ministry data showed on Monday.

Manchester United on Monday renewed the soccer club's partnership with official kit supplier Adidas for 10 more years and a minimum cash guarantee of 900 million pounds ($1.16 billion).

Manchester United said on Monday it renewed its partnership with Adidas as the Premier League Club's official kit supplier for another 10 years and a minimum cash guarantee of 900 million pounds ($1.16 billion).

Britain's Dr Martens' shares were trading up 4% after Sky News reported that activist fund manager Sparta Capital accumulated stock worth tens of millions of pounds in the London-listed bootmaker.

French animal health group Ceva has withdrawn a legal challenge over a tender to supply France with a bird flu vaccine in which Ceva lost out to German company Boehringer Ingelheim.

Copper prices in London were on track on Monday for their best monthly performances since January on prospects of further stimulus in top consumer China and that the U.S. Federal Reserve will pause rate hikes for the year.

Britain's Dr Martens' shares were trading up after Sky News reported that activist fund manager Sparta Capital accumulated stock worth tens of millions of pounds in the London-listed bootmaker.

Crop consultancy Strategie Grains lowered its forecast for this year's oilseed harvests in the European Union by a total of over 1 million metric tons, mainly to take account of damage caused by scorching weather in several parts the bloc.

Egypt's state grains buyer, the General Authority for Supply Commodities, said it bought 150,000 tonnes of Brazilian raw sugar in a tender.

Markets have high hopes for a soft landing for the economy, with bonds and equities rallying. Yet a sharp drawdown in the excess savings created by COVID-19 could be a curve ball that slams into bullish sentiment.

Malaysian palm oil futures fell on Monday, following weaker rival oils, although the contract was set for a monthly gain.

Algeria's state grains agency OAIC has issued an international tender to buy soft milling wheat to be sourced from optional origins, European traders said on Monday.

European travel stocks stumbled into some profit-taking as earnings season kicked off and extreme weather hit in July, but many investors are betting relatively attractive valuations and solid demand will keep supporting the sector.

Chicago corn slid for a fifth consecutive session on Monday, while soybeans dropped to a two-week low as expectations of milder weather in the U.S. Midwest reduced concerns over supplies.

Copper prices in London were on track on Monday for their best monthly performances since January as traders cheered the prospects of further stimulus in top consumer China and that the U.S. Federal Reserve will pause rate hikes for the year.