Commodies

Daily Commodity News Feeds

Di-ammonium Phosphate –

Di-ammonium increased 17.50 USD/T or 2.82% since the beginning of 2023, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. Di-ammonium Phosphate futures are primarily traded on the Chicago Board of Trade (CBOT). Di-ammonium Phosphate is the most widely used phosphorus fertiliser on the planet. It is composed of two common fertiliser constituents, and its relatively high nutrient content and excellent physical properties make it a popular choice in farming and other industries. Futures contracts for Di-ammonium are financial instruments that allow producers, large consumers, and speculators, to offset or assume the

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Lean Hogs – OTC

Lean Hogs decreased 11.55 USd/Lbs or 13.17% since the beginning of 2023, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. Historically, Lean Hogs reached an all time high of 133.80 in July of 2014. The Lean Hogs market prices displayed in Trading Economics are based on over-the-counter (OTC) and contract for difference (CFD) financial instruments. Our Lean Hogs market prices are intended to provide you with a reference only, rather than as a basis for making trading decisions. Trading Economics does not verify any data and disclaims any obligation to do

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Live Cattle – OTC

Live Cattle decreased 1.25 USd/Lbs or 0.79% since the beginning of 2023, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. Historically, Live Cattle reached an all time high of 171.98 in October of 2014. The Live Cattle market prices displayed in Trading Economics are based on over-the-counter (OTC) and contract for difference (CFD) financial instruments. Our Live Cattle market prices are intended to provide you with a reference only, rather than as a basis for making trading decisions. Trading Economics does not verify any data and disclaims any obligation to do

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Nuclear Energy Index –

Nuclear Energy Index increased 78.30 USD or 5.37% since the beginning of 2023, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. Historically, Nuclear Energy Index reached an all time high of 1543.28 in April of 2022. The Nuclear Energy Index CFD tracks the performance of publicly traded companies in the nuclear energy sector as well as those businesses that do not produce energy but make most of their revenues by providing goods and services to the nuclear energy industry. This page includes a chart with historical data for Nuclear Energy Index.

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Feeder Cattle – OTC

Feeder Cattle decreased 0.09 USd/Lbs or 0.05% since the beginning of 2023, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. Historically, Feeder Cattle reached an all time high of 245.20 in October of 2014. Feeder Cattle prices displayed in Trading Economics are based on over-the-counter (OTC) and contract for difference (CFD) financial instruments. Our Feeder Cattle market prices are intended to provide you with a reference only, rather than as a basis for making trading decisions. Trading Economics does not verify any Feeder Cattle data and disclaims any obligation to do

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Oat – OTC

Oat increased 21 USd/BU or 5.72% since the beginning of 2023, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. Historically, Oat reached an all time high of 811 in April of 2022. Oat is a species of cereal grain used mainly as a livestock feed and for human consumption. The biggest producers of oat are: European Union, Russia, Canada, Australia and United States. Oat Futures are available for trading in the Chicago Mercantile Exchange. The standard contract has 5,000 bushels, the equivalent 86 metric tons. Trading Economics

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Solar Energy Index –

Solar Energy Index increased 37.93 USD or 11.43% since the beginning of 2023, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. Historically, Solar Energy Index reached an all time high of 561.46 in February of 2021. The Solar Energy Index CFD tracks the performance of publicly traded companies in the solar energy sector as well as those businesses that do not produce energy but make most of their revenues by providing goods and services to the solar energy industry. This page includes a chart with historical data for Solar Energy Index.

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Wind Energy Index –

Wind Energy Index increased 12.97 USD or 4.36% since the beginning of 2023, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. Historically, Wind Energy Index reached an all time high of 426.59 in January of 2021. The Wind Energy Index CFD tracks the performance of publicly traded companies in the wind energy sector as well as those businesses that do not produce energy but make most of their revenues by providing goods and services to the wind energy industry. This page includes a chart with historical data for Wind Energy Index.

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Potatoes –

Potatoes increased 1.80 EUR/100KG or 6.25% since the beginning of 2023, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. Historically, Potatoes reached an all time high of 33 in February of 2019. Potatoes futures are widely traded on the European Energy Exchange (EEX). Futures contracts for potatoes are financial instruments that allow producers, large consumers, and speculators to offset or assume the risk of a price change of holding a specific quantity of potatoes over time. China is the world’s top potato producer, followed by India, Russia, and Ukraine. The United

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Rapeseed Oil –

Rapeseed Oil decreased 40 EUR/T or 6.85% since the beginning of 2023, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. Historically, Rapeseed Oil reached an all time high of 1094 in April of 2022. Rapeseed Oil futures are widely traded on the Euronext Exchange, and the standard contract size is 50 tonnes. There are two main types of rapeseed oil: culinary and industrial. The culinary one, also known as canola oil, is used in the kitchen for cooking, while industrial rapeseed oil is used mainly in the chemical and automotive industries.

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Iron Ore 62% FE – OTC

Iron Ore 62% fe increased 11.42 USD/MT or 10.26% since the beginning of 2023, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. Historically, Iron Ore 62% FE reached an all time high of 219.77 in July of 2021. Iron ore prices refer to Iron Ore Fine China Import 62 percent grade Spot Cost and Freight for the delivery at the Chinese port of Tianjin. Is used to make steel for infrastructure and other construction projects. The biggest producers of iron ore are China, Australia and Brazil. Others include India, Russia, Ukraine

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Crude oil – OTC

WTI crude futures reversed earlier gains and fell more than 1% to below $80 per barrel on Friday, as prospects of still strong Russian supply offset better-than-expected Q4 US GDP numbers and hopes of continued demand recovery in top crude importer China. Oil loadings from Russia’s Baltic ports are set to rise by 50% from a month earlier in January as sellers try to meet strong demand in Asia and benefit from rising global energy prices. Traders noted that Urals and KEBCO crude oil loadings from Ust-Luga over Feb. 1-10 may rise to 1.0 million tonnes from 0.9 million in

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Brent crude oil – OTC

Brent crude futures reversed earlier gains and fell almost 1% to below $87 per barrel on Friday, as prospects of still strong Russian supply offset better-than-expected Q4 US GDP numbers and hopes of continued demand recovery in top crude importer China. Oil loadings from Russia’s Baltic ports are set to rise by 50% from a month earlier in January as sellers try to meet strong demand in Asia and benefit from rising global energy prices. Traders noted that Urals and KEBCO crude oil loadings from Ust-Luga over Feb. 1-10 may rise to 1.0 million tonnes from 0.9 million in the

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Orange Juice – OTC

Orange Juice decreased 0.50 USd/Lbs or 0.24% since the beginning of 2023, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. Historically, Orange Juice reached an all time high of 235 in November of 2016. The biggest producers of orange juice are: Brazil, US, European Union, China and Mexico. 85 percent of the world market is divided between Florida and São Paulo. While Brazil exports 99 percent of its production, 90 percent of Florida’s production is consumed in the US. Orange juice is traded in the form of frozen concentrated orange juice

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Silver – OTC

Spot silver prices hovered close to the $24 per ounce mark through the first month of the year, briefly touching a nine-month high of $24.4 on January 16th, benefitting from a lower dollar amid hopes of eased monetary tightening. Signs of lower inflation and recession concerns supported money market bets that the Federal Reserve will stop hiking its funds rate at 5%, as fresh data showed that annual PCE core inflation continued to slow while personal spending contracted for a second month. Besides increasing the appeal of non-interest-yielding bullion, lower borrowing costs raise demand for silver as an industrial input

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Palladium – OTC

Palladium futures extended losses to around $1,620 per ounce, the lowest since December 2021, on expectations that interest rates around the world, and especially in the US, will remain higher for longer, hurting global growth and demand for palladium. On top of that, the metal’s price surge has driven automakers to replace it with cheaper platinum. In fact, Anglo American Platinum said last year that up to a million ounces of palladium could get switched with platinum over the next five years. Data also showed that platinum substitution is estimated to have reached 340 koz in 2022. For 2023 it’s

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Gold – OTC

Spot gold prices erased gains from the session and dropped to the $1,920 per ounce mark, extending the retreat from the nine-month high of $1,945 touched on January 25th as investors further digested the latest economic data for hints on whether the Federal Reserve will maintain its hawkish stance. The PCE core price index, the Fed’s preferred inflation gauge, rose firmly from the prior month in December. In the meantime, the US GDP growth surpassed expectations in the fourth quarter and weekly unemployment claims fell to a nine-month low, adding tightening leeway for the US central bank. The Fed is

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Lumber – OTC

Chicago lumber futures crossed above the $500 per thousand feet mark, the highest since October 2022, supported by tight supplies and prospects of a demand recovery. Last year, a sharp drop in prices and sluggish demand forced North American producers to curb production, leaving inventories low and sparking concerns about a supply shortage during the construction season this spring and early summer. At the same time, homebuilder sentiment showed signs of bottoming out after climbing in January for the first time in a year, mainly due to lower mortgage rates. Signaling what could be a recovery in demand, sales of

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Palm Oil – OTC

Malaysian palm oil futures were trading around the MYR 3,900 per tonne mark, close to levels not seen since October 2022, pressured by a stronger ringgit and worries about weak demand. Exports from Malaysia, the world’s second-largest producer, during January 1-20 slumped between 29% and 38% from the same period in December, as shipments to India and China slowed, cargo surveyors’ data showed. On top of that, Malaysia has recently warned that it could stop exporting palm oil to the EU in retaliation to a new law aimed at protecting forests through strict palm oil sales regulation. On the supply

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EU Natural Gas – OTC

European natural gas prices fell for a fifth consecutive session to below €55/MWh on Friday, extending the weekly loss to 20% and holding close to levels not seen since September of 2021, amid hopes of further LNG imports from the US, while milder temperatures are expected to return to Europe next week and storage facilities are about 74% full. Freeport LNG, the second-largest US LNG exporter which has been shut since June 2022 after a fire, started receiving small amounts of pipeline natural gas on Thursday. At the same time, supplies from Norway remained subdued due to planned and unplanned

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