Bloomberg Anywhere Software Support Live Support Feedback
Updated:  New York, May 09 16:47
London, May 09 21:47
Tokyo, May 10 05:47
Search
Symbol Lookup
News

Commodities


Rice Gains for Sixth Day on Increased Demand, Damage From Myanmar Cyclone Rice rose, heading for the biggest weekly gain since reaching a record last month, as Nigeria and the Philippines sought to buy more, further straining global supplies after a cyclone devastated crops in Myanmar.

Gold Rises on Speculation Oil Gain Will Spur Demand for Inflation Hedge Gold rose in New York, capping the biggest weekly gain since February, on speculation a weaker dollar and rising energy costs will boost investor demand for the metal as a hedge against inflation. Silver also gained.

Wheat Falls as High Prices Lead to Record Global Output, USDA Forecasts Wheat fell after the U.S. government said world production of the grain will rise to a record, rebuilding inventories that are forecast to fall to a 30-year low before harvests are completed.

Platinum Rises in N.Y. on Outlook for Steady China Demand, New Securities Platinum gained the most in six weeks on speculation that demand in China, the world's fastest growing economy, will offset slowdowns in other countries. Palladium also rose.

Sugar Futures Rise in New York as Crude Oil Reaches Record, Dollar Falls Sugar rose, heading for a weekly gain, on bets record crude oil prices may spur greater use of ethanol made from sugar cane and the weaker dollar will increase investor demand for commodities traded in New York.


Sponsored links

 

Related Data