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Arabica coffee futures settled at US$3.157 a pound on 19 October, up 3.3% to a one-month high, as the real firmed and ICE stocks stayed near a 27-year low. The post Arabica Coffee Hits One-Month High appeared first on The Rio Times.
US natural gas futures increased slightly as forecasts shifted to show colder weather than previously expected across the eastern US, indicating higher demand for the furnace fuel as consumers crank up the heat. Gas flows to liquefied natural gas export terminals on the US Gulf Coast also rose, leaving less gas within the domestic market and adding upward pressure to prices.
Wheat rose after weekend strikes between Russia and Ukraine made any deal to restart exports from the two major producers increasingly unlikely.
Southern Copper rose 3.17% and Freeport-McMoRan 3.98% on Friday while copper futures stayed flat with China on holiday and Chile strike risk in view. The post Southern Copper Jumps 3.2% as China Stays Shut | Copper Report, Oct 2 appeared first on The Rio Times.
Speculators’ net long position in Mexican peso futures was 52,402 contracts on 29 September, down 22,765 from a week earlier, CFTC data show, as the peso slid. The post Mexican Peso Falls 4% as Speculators Cut Long Bets appeared first on The Rio Times.
Speculators’ net long position in Brazilian real futures was 60,538 contracts on 29 September, up 6,337 from a week earlier, CFTC data show, before Sunday’s election. The post Brazilian Real Bets Rise to 60,538 Before the Vote appeared first on The Rio Times.