Nasdaq Commodities

Malaysian palm oil futures increased on Thursday, underpinned by gains in rival oils in Dalian and Chicago soyoil futures, despite weaker exports data.

Zara owner Inditex, the world's biggest listed fast fashion company by sales, is expanding its low-priced Gen Z-focused brand Lefties to counter Chinese-founded rival Shein.

Shanghai nickel prices jumped more than 2% on Thursday to a three-week high as traders assessed concerns over global supply with speculation of renewed U.S. sanctions against Russia.

Airbus faces delays in introducing an ultra-long-range version of its A350-1000 jet designed for Qantas Airways' non-stop Sydney-London flights because a regulator has asked it to redesign an extra fuel tank, a senior executive said.

Malaysian palm oil futures fell on Thursday, underpinned by the losses in rival oils in Dalian and Chicago soyoil futures.

Chicago corn futures fell on Thursday to their lowest level since November 2020 as speculators bet on further price drop amid ample supply from the United States and South America.

Nutrien, the world's biggest fertilizer producer, reported a fall in fourth-quarter profit on Wednesday, hit by lower potash prices.

U.S. corn futures fell to three-year lows on Wednesday, nearing $4 a bushel as ample domestic grain supplies and strong South American crop prospects weighed on sentiment, analysts said.

A cargo ship abandoned four days ago in the Gulf of Aden after it was hit by missiles fired by Yemen's Houthis is still floating despite taking in water, and could be towed to nearby Djibouti, industry sources said on Wednesday.

Australia's flag carrier Qantas Airways Ltd on Thursday posted a 12.8% fall in first-half profit and announced an additional on-market buyback of up to A$400 million.

Argentina's Rosario grains exchange cut its estimates for the country's 2023/24 soybean and corn harvests on Wednesday to 49.5 million and 57 million metric tons, respectively, due to a heat wave in late January and early this month.

Australia's flag carrier Qantas Airways Ltd on Thursday posted an 12.8% fall in first-half profit and announced an additional on-market buy-back of up to A$400 million.

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London and New York cocoa futures on ICE jumped to fresh record highs on Wednesday, supported by tight supplies following poor crops in Ghana and Ivory Coast this season.

Air New Zealand reported a 38% drop in its half-yearly profit on Thursday, hurt by inflationary pressures and ongoing supply-chain issues, primarily the Pratt & Whitney engine maintenance requirements for the company's A321neo fleet.

Benchmark Chicago Board of Trade corn futures fell nearly 2% on Wednesday, inching closer to the $4-per-bushel mark as plentiful domestic grain supplies and strong South American crop prospects weighed on sentiment, traders said.

Air New Zealand reported a 38% drop in its half-yearly profit on Thursday, impacted by inflationary pressures and ongoing supply chain issues, primarily the Pratt & Whitney engine maintenance requirements on the company's A321neo fleet.

Brazil health auditors who oversee meat plants will continue to delay the issuance of international health certificates pending talks with the government next week as they protest work conditions, an association representing the auditors said on Wednesday.

U.S. corn futures fell to three-year lows on Wednesday, inching closer to the $4-per-bushel mark as ample domestic grain supplies and strong South American crop prospects weighed on sentiment, analysts said.

The head of Boeing's troubled 737 MAX program, Ed Clark, has left the planemaker, according to a memo seen by Reuters, amid intense scrutiny around its production and safety measures following a Jan. 5 mid-air panel blowout.