Wheat rallied on dip buying

Note: This section contains information in English only.
Source: Dukascopy Bank
Rural commodities caught momentum on the expectation for strong China's demand and slightly better situation in the Euro Zone.

Sugar retested 10-month low as improving weather conditions in top-producers of the sweeter and additional Indian exports created pressure on the commodity. The sweetener may seek support on the increased bargain buying.

Wheat rebounded after sharp fall during previous sessions as low prices created opportunities for dip buying.

Coffee was flat as the commodity continued to balance between record high Brazilian crops and a 28% drop in Colombian coffee output.

Corn was the top-gainer as low China's reserves and growing consumption are likely to force the county to import more grains.


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