Commodity Blog |
| Agricultural Commodities Mixed at Close Posted: 05 Apr 2013 01:45 PM PDT Orange juice rallied today on concerns about waning supply from the United States. Traders were worried that dry weather and a fruit disease will lead to smaller harvest. Some other agricultural commodities also rallied, including coffee. Not all softs joined the rally, cocoa and sugar being among losers. The poor US employment data was detrimental to the market sentiment and hurt commodities. The Standard & Poor's GSCI [...] |
| Friday’s Markets: Gold & Natural Gas Rally, Crude Drops Posted: 05 Apr 2013 11:20 AM PDT Natural gas climbed today as US reserves shrank. Weather was unusually cold in March, driving stockpiles below the five-year average, and forecasters predict that below-normal temperatures may persist in the north-central regions of the United States. Such forecasts made Goldman Sachs to boost its price forecast by $0.65 to $4.40 per million British thermal units. May future for delivery of natural gas rallied as much as $0.16 (4.26 percent) to $4.26 [...] |
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