Commodities Update Five factors that could shape grain & soybean prices in 2016 2015 has seen the prices of corn, wheat and soybeans fall sharply, dragged lower by a combination of large harvests, rising global inventories and weak currencies in a number of key producing and... 30th November 2015 · 1 min read
Commodities Weekly Precious metals struggle ahead of first US rate hike US dollar strength and the prospect of rising US interest rates continued to weigh on precious metals prices this week. In contrast, industrial metals prices were volatile, but generally ended the... 27th November 2015 · 1 min read
Commodities Update Oil price recovery should limit further falls in crop prices The recent weakness of oil prices has weighed on the prices of major agricultural commodities, since oil is an important component of crop production costs and oil prices affect demand for agriculture... 26th November 2015 · 1 min read
Commodities Update Brazil Sugar Production (1st Nov. – 16th Nov.) Figures released today by Brazil’s Sugarcane Industry Association, UNICA, show that 25.6 million tonnes of cane were harvested in the first half of November in the main South-Central cane-growing... 24th November 2015 · 1 min read
Commodities Weekly China worries continue to weigh on sentiment Prices of most industrial metals fell sharply this week, largely reflecting persistent investor concerns about the prospects for Chinese demand. The latest data showed LME money managers cutting their... 20th November 2015 · 1 min read
Commodities Update Dollar strength weighs on agriculturals Strong US employment data and statements from members of the Federal Reserve in recent weeks have combined to bring forward investors’ expectations for the first US rate hike to December. The... 19th November 2015 · 1 min read
Commodities Update First global deficit in six years to lift sugar prices in 2016 After surging in early October due to a rise in Brazilian fuel prices, the world price for sugar has remained strong but volatile. Despite poor harvests in Brazil and the EU, further price rises this... 16th November 2015 · 1 min read
Commodities Update Coffee prices likely to perk up Weak producer currencies have supported coffee exports and weighed on US dollar prices. But with depleted inventories, we think a tighter market will put upward pressure on prices next year. 13th November 2015 · 1 min read
Commodities Update Grain & soybean mountains to depress prices further A sharp upward revision to Chinese corn stocks means that global end-year inventories are now expected to be at a record high. With a bloated global supply picture, we think further weakness in the... 11th November 2015 · 1 min read
Commodities Update Malaysia Monthly Palm Oil Data (Oct.) Data released earlier today by Malaysia’s Palm Oil Board show that palm oil production rose in October, helping to push inventories higher. 11th November 2015 · 1 min read
Commodities Update Brazil Sugar Production (16th Oct. – 1st Nov.) Figures released today by Brazil’s Sugarcane Industry Association, UNICA, show that 38.4 million tonnes of cane were harvested in the second half of October in the main South-Central cane-growing... 10th November 2015 · 1 min read
Commodities Update Rising incomes remain key to China’s future food demand The end of China’s one-child policy raises a number of questions about future demand for agricultural commodities. However, we think that economic growth and rising incomes will remain the key... 6th November 2015 · 1 min read
Commodities Update Sentiment improves as investors cut short positions As changing weather forecasts in key growing regions shape markets’ expectations for production, some sharp price increases in October saw investors rush to reduce their short futures positions. By... 4th November 2015 · 1 min read
Commodities Chart Pack Supply prospects diverge again Dollar strength and fears about demand, particularly from China, continued to overshadow commodity markets last month, but the biggest moves in prices can largely be explained by supply-side... 2nd November 2015 · 1 min read
Commodities Update El Niño to keep rice prices on the boil With El Niño threatening to reduce rice harvests in South-east Asia and the world stocks-to-consumption ratio expected to hit the lowest level since 2006, we think rice prices will move higher. 30th October 2015 · 1 min read
Commodities Update How could a La Niña next year affect agriculturals? With the Australian Bureau of Meteorology indicating that the current El Niño could see a marked decline during the first quarter of next year, there is a significant risk that La Niña could develop... 30th October 2015 · 1 min read
