Commodities closed today: LAST NET PCT YTD
CHG CHG CHG
US crude 106.27 -1.13 -1.1% 7.5%
Brent crude 124.93 -1.05 -0.8% 16.3%
Natural gas 2.246 -0.078 -3.4% -24.9%
US gold 1701.10 -10.30 -0.6% 8.6%
Gold 1700.46 -7.57 -0.4% 8.7%
US Copper 384.60 -1.25 -0.3% 11.9%
LME Copper 8466.50 -33.50 -0.4% 11.4%
Dollar 79.885 -0.156 -0.2% -0.4%
CRB 315.480 -2.130 -0.7% 3.3%
US corn 667.75 13.75 2.1% 3.3%
US soybeans 1334.00 2.25 0.2% 11.3%
US wheat 652.00 13.25 2.1% -0.1%
US Coffee 182.35 -3.85 -2.1% -20.1%
US Cocoa 2382.00 -28.00 -1.2% 12.9%
US Sugar 23.52 -0.14 -0.6% 1.2%
US silver 33.740 -0.472 -1.4% 20.8%
US platinum 1699.40 14.50 0.9% 21.0%
US palladium 706.85 -3.10 -0.4% 7.7%Chinese corn imports may be at a "tipping point" ahead of higher purchases, Standard Chartered cautioned, as ideas of higher purchases sent corn futures higher again, with the near-term lot hitting a four-month high.
Chicago corn for May, the best traded lot, stood 2.3% higher at $6.60 a bushel in late deals.
The March contract, which expires on Wednesday, touched $6.72 a bushel earlier, its highest since November.
The increases came amid persistent expectations of Chinese purchases, with some domestic mills rumoured to be interest in buying to escape domestic prices which have topped 2,500 yuan ($400) a tonne, compared with $325 a tonne for imports from the US, freight included.
