Commodities

Global Coffee Surplus despite Stay-at-home Restrictions

 The International Coffee Organization anticipates a global surplus for coffee for the 2020/2021 season.  This is despite the stay-at-home guidance…

3 years ago

Silver Rush Hits Hurdle, Descends from 8-Year Peak

Silver lost steam after surging to an 8-year high in Monday trading.   Prices dropped nearly 2% before narrowing the…

3 years ago

Oil Price Dictated by Coronavirus-related Events

Oil price ascends from last week’s losses after opening the week with gains in Asia.   The market’s attention reverts…

3 years ago

Gold Ending the Week with Gains in Asia

It was a volatile week for gold. After days of trading down the line, the precious metal is ready to…

3 years ago

Corn Descends from Multi-year Highs, Strong Dollar Weighs

Corn reverts gains made in the previous session as the US dollar gains grounds. The commodity rose in the Chicago…

3 years ago

API Inspection Shows Fall in Inventory by 5 Million Barrels

API inspection reverts lukewarm data released in the previous week after showing a fall in crude inventory. For the week…

3 years ago

Gold Steady as Investors Eye Fed’s Policy Meeting

Gold remains steady, making only conservative moves for the day ahead of the Federal Reserve’s policy meeting. The central bank…

3 years ago

Oil Price Reverts Previous Losses but Demand Woes Weigh

Oil price managed to regain losses incurred in the early morning session in Asia.    However, the black gold remains…

3 years ago

Gold on the Line the End the Week with Losses

Gold is lined up to end the week in red after benchmark US treasury surges back above 1%.   Nevertheless,…

3 years ago

Palm Oil Products at Risk of High Prices

Palm oil products ended last year on a high note. Prices received a much-needed boost from production concerns amid the…

3 years ago

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