Stay updated with breaking news from Commodities Markets. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
China, the world's biggest soybean importer, is likely to buy a larger volume of the oilseed from Brazil than usual for September to December, three trade sources said, as prices of new-crop U.S. shipments rise on expectations of lower supply.
Russia ending a deal that allowed the safe Black Sea export of Ukraine grain is an "act of cruelty," U.S. Ambassador to the United Nations, Linda Thomas-Greenfield, said on Monday.
Libyan oil fields closure could lead to announcing force majeure, the oil ministry said late on Friday, a day after three oilfields were shut in protest against the abduction of a former finance minister.
India's palm oil imports jumped 56% to a three-month high in June, as buyers took advantage of a dip in prices to increase purchases, a leading trade body said on Friday.
Sri Lankan shares closed higher on Friday, aided by a gain in industrials and financials stocks.