Rural commodities continued rally

Note: This section contains information in English only.
Source: Dukascopy Bank
Agricultural commodities continued Friday's rally amid expected fall in South American exports. Grain commodities were the top gainers on Monday as investors anticipate stronger demand for US grains from Asian markets. Sugar price was lifted as China may cut sugar imports due to unfavorable weather during the harvesting period. However, the upward move is likely to be limited as sugar output from the EU, former Soviet Union and Brazil can easily offset the China's sugar production downgrade. Rabobank added to bearish pressure, cutting its outlook for sugar to 20.5 cents per pound between October and December.


Back to articles

Actual Topics

Tue, 21 Feb 2012 13:53:06 GMT

Soybeans approached five month high on the China's demand

Rural commodities received a lift on after long-awaited Greek bailout deal and expected strong demand for US grains from China. Traders also look forward to the USDA's Outlook conference due February 23 and 24 to get update on the crop forecasts. Soybean March contract traded at 12.7288 US Dollars per bushel at the European morning session, on the New York

Tue, 21 Feb 2012 13:46:04 GMT

Japan to agree on Iran oil import reduction

Japan and US is looking forward to reach an agreement to cut crude imports from Iran. The deal is expected to be closed by the end of February. Japan's oil dependence has increased since March earthquake in 2011. Therefore oil sanctions threaten economic growth. However, avoiding embargo would harm Japanese foreign financial operations. 

Subscribe to "Fundamental Analysis" feed

Subscribe
Aby dowiedzieć się więcej o handlu Forex/CFD na platformie Dukascopy Banku, rynku SWFX oraz innych rzeczy związanych z handlem,
zadzwoń do nas lub poproś o oddzwonienie.
For further information regarding potential cooperation,
please call us or make callback request.
Aby dowiedzieć się więcej o Opcjach Binarnych w Banku Dukascopy / platformach handlowych Forex, SWFX, oraz innych,
zadzwoń do nas lub pozostaw prośbę o oddzwonienie.
Aby dowiedzieć się więcej o handlu Forex/CFD na platformie Dukascopy Banku, rynku SWFX oraz innych rzeczy związanych z handlem,
zadzwoń do nas lub poproś o oddzwonienie.
To learn more about Crypto Trading / CFD / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
To learn more about Business Introducer and other trading related information,
please call us or make callback request.
For further information regarding potential cooperation,
please call us or make callback request.