Markets were flat today, yet Sugar, Palladium, Cotton showed impressive gains and made this list of top gainers.
Markets did not have a clear cut direction — Live Cattle closed the day at $163.22, having gained 1.82%. Natural Gas slipped 5.57% and closed at $2.04.
Current market events are being influenced by ambiguous macro data as United States Initial Jobless Claims fell short of the 200,000 projections, with new data of 228,000.
Despite today's flat session, several commodities are managing to post notable gains. Take a look at the market's Top Gainers:
+2.79%: commodity traders stay bullish as Palladium adds $39.7 or 2.79%
After ending yesterday at $1,425.3, CME Palladium went up to $1,468 only to drop back, yet still traded well overall and closed at $1,465 per troy ounce today.
+2.66%: bullish ICE Cotton runs out of steam at $83.58; currently at $83.23 per pound
With a daily low of $81.37, Cotton closed today at $83.23 per pound, after ending yesterday at $81.07 and gaining $2.16 (2.66%).
+2.93%: today's upbeat market sentiment sees ICE Sugar gain 2.93%
On-trend the ICE Sugar future closed the session today with more of the same: ICE Sugar rose 66 cents to close at $23.21 per pound today which makes for a move of 2.93%.