Commodities Futures - Yahoo Finance
- Barrons.com•2 days ago
After running strong in 2016, outperforming gold and other precious metals, palladium prices have climbed another 15% since the start of the year. It’s a boon for the ETFS Physical Palladium Shares (PALL), which rose 4.56% today to trade at $75.49 a share, making it one of today's biggest gaining exchange-traded funds. HSBC’s James Steel calls it the “standout metal.” But some market observers worry that prices may hit key resistance levels, on a technical grounds.
- Reuters•2 days ago
Poland's KGHM, one of the world's biggest copper producers, expects the average copper price to slightly exceed $5,000 per tonne in 2017, Chief Executive Officer Radoslaw Domagalski-Labedzki said on Friday. "We can be a little more optimistic on the average copper price, which could slightly exceed $5,000 per tonne...I would be more concerned about the molybdenum prices," Domagalski-Labedzki told reporters. Benchmark copper on the London Metal Exchange was up 0.15 percent at $5,749 a tonne at 1655 GMT.
- Market Realist•2 days ago
The EIA reported that US gasoline inventories rose by 6 MMbbls to 246.4 MMbbls from January 6–13, 2017—the highest level since March 2016.