Analysis: Commodities

Gold jumps 2%, silver 5% as dollar slides

Gold jumped over 2% on Tuesday, rebounding from a five-month low in the last session, and silver soared over 5%, as the dollar slid, with U.S. stimulus bets due to mounting COVID-19 cases adding to...

AIMS APAC REIT : Global stock markets slide at end of record November

World stock markets dipped on Monday to close a record-breaking month as the prospect of a vaccine-driven economic recovery next year and further central bank stimulus measures eclipsed immediate...

Ivory Coast, Ghana cancel cocoa sustainability schemes run by Hershey

Ivory Coast and Ghana are cancelling all cocoa sustainability schemes that U.S.-based Hershey runs in their countries, accusing the chocolatemaker of trying to avoid paying a cocoa premium aimed at...

Gold set for worst month since 2016 amid vaccine optimism

Gold dropped to a five-month low on Monday and was on track for its worst month in four years as optimism over a swift vaccine-fuelled economic recovery dented allure for safe havens....

Ivory Coast, Ghana withdraw membership of U.S. cocoa trade body - document

Ivory Coast and Ghana have withdrawn their membership of a U.S. cocoa industry association, accusing the body of helping U.S. chocolate companies avoid paying a cocoa premium aimed at tackling farmer...

Ivory Coast farmers say below-average rain threatens cocoa supply

Below average rains last week in most of Ivory Coast's cocoa regions increased concern of a supply shortage in central regions, farmers said on Monday, while elsewhere soil moisture supported the...

Malaysia says no decision to extend palm oil export tax exemption beyond 2020

Malaysia has made no decision on whether to extend an export tax exemption on palm oil products after it ends on Dec. 31, an official from the Plantation Industries and Commodities Ministry told...

U.S. shale firms amp up natural gas output as futures signal more gains

Higher natural gas futures prices for 2021 and a continued glut of crude oil are prodding U.S. shale firms to boost gas drilling and production. ...

Vietnam November coffee exports down 37.5% year on year, rice up 6.8%

Vietnam exported 70,000 tonnes of coffee in November, down 37.5% from a year earlier, government data released on Sunday showed. ...

Gold dives below $1,800 on optimism for economic recovery

Gold slumped 2%, breaking below the key $1,800 support level to a near five-month trough on Friday, as growing optimism about a quick vaccine-fuelled economic recovery and a smooth White House...

Gold rises on soft dollar, stimulus bets as virus risks grow

Gold gained on a softer dollar on Thursday and as a mounting number of COVID-19 cases and their economic toll raised investor expectations of further fiscal and monetary support. ...

India cuts import tax on crude palm oil to 27.5% from 37.5% - government

India on Thursday slashed import tax on crude palm oil to 27.5% from 37.5%, the government said in a statement, as New Delhi tries to bring down rising food prices....

Indonesia palm oil deforestation exposing firms to $10 billion of risks - study

Forest-related risks could cost companies that trade in or use Indonesian palm oil as much as $10 billion this year, according to a study of more than 100 firms published by a global environmental...

Ivory Coast says Hershey cocoa beans deal could derail farmer income scheme

U.S. chocolate maker Hershey's move to buy cheap beans from the New York futures exchange is an attempt to derail plans by Ivory Coast and Ghana to increase farmers' income, the Ivorian cocoa...

Graphic: Have coronavirus vaccines killed the gold rally?

Gold has tumbled from record highs as investors, eyeing an end to the coronavirus pandemic, move money to riskier assets....

Gold gains as weak U.S. jobless data stems Wall Street optimism

Gold regained momentum on Wednesday following a sharp slide toward the $1,800 pivot in the previous sessions, as an unexpected rise in U.S. jobless claims tempered some of the COVID-19 vaccine-led...

China cuts imports of Australian copper concentrate by more than half in October

China's imports of copper concentrate from Australia in October fell by more than half from the previous month, customs data showed on Wednesday, adding weight to speculation Beijing has placed an...

Oil closes at highest level since March on vaccine trials, Biden transition

Oil rose about 4% on Tuesday to touch highs not seen since March as a third promising coronavirus vaccine raised hope for fuel- demand recovery and U.S. President-elect Joe Biden began his transition...

Gold extends fall as investors shift to 'risk on' mode

Gold fell to a four-month low on Tuesday and looked set to dip below the $1,800 psychological level as progress on COVID-19 vaccines and hopes for a quick transition in the White House drove investors...