Corn and Soybeans Show 68% Good-to-Excellent RatingsCommodities

Corn and Soybeans Show 68% Good-to-Excellent Ratings

Quick Look: Corn and Soybean Conditions: Both crops remain steady at 68% good-to-excellent, surpassing last year’s ratings. Development Progress: Corn…

GFEX Launches Platinum and Palladium Futures in ChinaCommodities

GFEX Launches Platinum and Palladium Futures in China

Quick Look: GFEX introduces platinum and palladium futures for domestic price-hedging in China, enhancing market stability. This service provides flexible…

PBOC Gold Reserves Valued at $169.70B in June 2023Commodities

PBOC Gold Reserves Valued at $169.70B in June 2023

Quick Look: China’s central bank paused gold acquisitions, holding steady at 72.80 million troy ounces, worth $169.70 billion. PBOC also…

Gold Prices Surge Midweek Amid Economic Data and HolidayCommodities

Gold Prices Surge Midweek Amid Economic Data and Holiday

Quick Overview Bullish Start: Gold price rose 1% on Wednesday, peaking at $2,365. Holiday Impact: Independence Day led to low…

Oil Prices Rise 1% Midweek on EIA ReportCommodities

Oil Prices Rise 1% Midweek on EIA Report

Quick Look: Oil prices rose 1% due to a larger-than-expected US crude stock decline. Brent crude increased by $1.10 to…

Global Growth to Fall 0.5% Below Pre-Pandemic LevelsCommodities

Global Growth to Fall 0.5% Below Pre-Pandemic Levels

Key Points: Global economic growth is expected to slow, reflecting lingering pandemic effects and other challenges. Commodity prices in 2024-2025…

Commodity Prices Surge, US Natural Gas Pulls BackCommodities

Commodity Prices Surge, US Natural Gas Pulls Back

Key Points: US Economic concerns are easing as stabilisation occurs, supported by China’s policy decisions and predictable Federal Reserve actions.…

Climate and Geopolitical Tensions Threaten Food SuppliesCommodities

Climate and Geopolitical Tensions Threaten Food Supplies

Key Points: Food supply crisis is predicted, necessitating international cooperation. Trade barriers worsen food inflation; stockpiling by wealthy countries intensifies…

Corn Prices Drop as Key Crop Reports LoomCommodities

Corn Prices Drop as Key Crop Reports Loom

Quick Look: Price Declines: Jul 24 Corn at $4.25 1/2, Sep 24 Corn at $4.31 3/4, Dec 24 Corn at…

Natural Gas Price May Fall Below $2.848: Key Levels at RiskCommodities

Natural Gas Price May Fall Below $2.848: Key Levels at Risk

Quick Look: Natural gas price is $2.848, slightly above the 20-day MA, with potential declines expected. Key levels include the…