UK fines London Metal Exchange over nickel price spike
The UK's financial regulator fined the London Metal Exchange £9.2m today over inadequate systems and controls to deal with a controversial spike in nickel prices in 2022. The Financial Conduct…
The UK's financial regulator fined the London Metal Exchange £9.2m today over inadequate systems and controls to deal with a controversial spike in nickel prices in 2022. The Financial Conduct…
The soybean market is trading with contracts steady to 4 cents higher so far on Thursday. CmdtyView’s national front month Cash Bean price is up 3 3/4 cents at $9.50 1/2. Soymeal futures…
The dollar index (DXY00) Thursday rose by +0.41% and posted a 1-1/2 week high. The dollar rose Thursday on concerns that US trade policies will keep inflation elevated and dissuade the…
The S&P 500 Index ($SPX) (SPY) Thursday closed down -0.22%, the Dow Jones Industrials Index ($DOWI) (DIA) closed down -0.03%, and the Nasdaq 100 Index ($IUXX) (QQQ) closed down -0.30%. March E-mini S&P futures…
Corn futures closed the Thursday session with contracts up 6 to 7 cents in the front months, as new crop December tagged along, up 1 ½ cents. The CmdtyView national…
The soybean market posted Thursday gains of as little as fractionally in the new crop contracts to 5 cents in some nearbys. CmdtyView’s national front month Cash Bean price was up 5…
Cotton price action on Thursday was down 16 to 27 points at the close. The outside factors are back to mixed action, with crude oil futures up $1.47/barrel. The US dollar…
May arabica coffee (KCK25) Thursday closed up +1.10 (+0.28%), and May ICE robusta coffee (RMK25) closed down -30 (-0.548%).Coffee prices Thursday settled mixed, with arabica climbing to a 2-week high.…
May ICE NY cocoa (CCK25) Thursday closed down -50 (-0.62%), and May ICE London cocoa #7 (CAK25) closed unchanged.Cocoa prices Thursday gave up an early advance and turned lower after…
May NY world sugar #11 (SBK25) Thursday closed up +0.31 (+1.57%), and May London ICE white sugar #5 (SWK25) closed up +6.60 (+1.18%).Sugar prices posted moderate gains on Thursday, just…
April Nymex natural gas (NGJ25) on Thursday closed down -0.272 (-6.40%).April nat-gas prices on Thursday fell sharply after weekly EIA supplies rose more than expected. Also, warmer-than-normal weather is forecast…
April WTI crude oil (CLJ25) Thursday closed up +1.10 (+1.64%), and April RBOB gasoline (RBJ25) closed up +0.0215 (+0.99%).Crude oil and gasoline prices advanced Thursday after the US ramped up…