Markets were flat yesterday, yet Soybeans, Cocoa, Cotton showed impressive gains and made this list of top gainers.
Markets did not have a clear cut direction — Natural Gas was down 3.83% before closing the session at $2.26. Brent Crude Oil lost 1.28% and ended the session at $75.
Current market events are being influenced by ambiguous macro data as United States CFTC Crude Oil speculative net positions released yesterday at 20:30 UTC with a figure of 172,400, while the previous figure was 162,600.
Despite yesterday's flat session, several commodities are managing to post notable gains. Take a look at the market's Top Gainers:
The Cocoa future | Up 1.08% to $3,171 yesterday
CME Cocoa has fallen back around 1.07% from the significant high of $3,171 set a day ago.
+0.51%: upwardly mobile Cotton extends gains by 43 cents; closes session 0.51% higher
Cotton pointed in the same direction yesterday: Cotton rose 43 cents to close at $84.38 per pound yesterday which makes for a move of 0.51%.
CME Soybeans | Closed +1.3% at $1,204.5
Having added to its $11.25 increase during 3 days of gains, Yesterday's session pointed in the same direction — generally flat but with a slight bullish bias, the Soybeans future ranged between $1,182.25 and $1,205.75 before closing higher at $1,204.5 per bushel.