Gold prices traded sideways as we predicted last week. This week, we remain unchanged in our view that the yellow metal will stay sideways within USD1940 – USD1980 /oz range. Traders are waiting…
Agriculture
Weekly Rubber Report – 19 June 2023
Market Fundamentals: Dollar Index (USDX) ebbed lower last week after the FOMC announced no action on interest rate in the FOMC meeting. Chair Powell cites there might be 2 more rate hike before weeken…
Cambodia enacts Environment and Natural Resources Code, embracing the power of peace and economic growth in fueling environmental progress
Cambodia’s Ministry of Environment announces the adoption of the Environment and Natural Resources Code (ENRC), a pioneering legislation that propels the country into a leadership position in re…
Commodity Market Report – 29 May 2023
Gold prices waned in demand as greenback rose last week. Technically, we predict the trend will trade lower this week while contain from USD1920 – USD1960 /oz region. Traders are advised to be patient…
Weekly Rubber Report – 29 May 2023
Market Fundamentals: Dollar Index (USDX) rose further and closed above 104.00 level on Friday. General commodity prices waned last week as the X-date of U.S. debt ceiling has triggered fear of debt de…
Cycling oil palm biomass waste back into the soil can boost soil health, study says
A new study recommends returning oil palm biomass to planting areas to maintain soil health — specifically, by replenishing the soil with silicon. The research was published in April by a team of scie…
S. Korean agriculture minister to visit Malaysia, Indonesia to discuss food security, exports
Agriculture Minister Chung Hwang-keun will visit Malaysia and Indonesia for talks on ways to boost cooperation on the agricultural and food industries and to better ensure stable supply chains, his of…
Commodity Market Report – 10 April 2023
Gold prices protruded above USD2030 /oz last week but fell before weekend. This week, the market is prone to encounter some profit-taking as Dollar may gain higher. Once the USD2000 /oz support gives …
Weekly Rubber Report – 10 April 2023
Market Fundamentals: Commodity prices rose last week led by Gold and Crude demands. Unfortunately, Rubber prices traded in weak pattern as we forecast. This week, the Dollar (USDX) will be prone to re…
Commodity Market Report – 20 Mar 2023
Gold prices shot up last week due to flight of fund into safe haven. The bulls broke above USD1960 /oz on Friday and took traders by many surprises. This week, we forecast the trend will encounter pro…