An upgraded gold price forecast for 2024 from Nicky Shiels, head of metals strategy at Swiss gold refinery MKS PAMP, drew an unexpected follow-up question this week from market participants. The enquiry was: "Will or can gold 'go cocoa'?"

The Baltic Exchange's main sea freight index, tracking rates for ships carrying dry bulk commodities, fell for a ninth straight session on Tuesday to a near six-week low as rates fell across vessel segments.

Vietnamese coffee prices rose to an all-time high this week, supported by exceptionally tight supplies and concerns dry weather would reduce next year's crop, traders said Thursday.

Iron ore futures prices extended losses on Wednesday to their lowest levels in more than one week, pressured by persistent concerns about demand in top consumer China amid a lack of significant policy measures to boost steel uptake.

The Baltic Exchange's dry bulk sea freight hit a more than three-month high on Monday on robust demand across all vessel segments.

Dalian iron ore, Singapore benchmark down over 1%

Hot metal output among Chinese mills drops for a third week

Lower raw materials, tepid demand dent most steel benchmarks