NYMEX Natural Gas increases slightly 7.57% and stands on top of this list of commodities gainers.
Markets are mixed with Soybeans up to $1,485.75, gaining 1.26%. Crude Oil trades at $80.75 after losing 2.14%.
Current market events are being influenced by ambiguous macro data as United States NY Empire State Manufacturing Index (Apr) released today at 12:30 UTC with a figure of 10.8, while the previous figure was -24.6.
The Coffee future | +3.66% in mid-session
The past 3 months have been positive for ICE Coffee as it added 27.97% compared to its 3-month low of $151.1.
+7.57%: commodity traders stay bullish as Natural Gas adds 16 cents or 7.57%
Today's session so far looks to be heading in the same direction — tentatively higher from an earlier low of $2.15, Natural Gas is up to $2.27 per MMBtu today, adding 16 cents, or 7.57%, to Friday's closing price of $2.11.
The Palladium future | +4.56% in mid-session
Palladium reached $1,573.5, breaking a 2 months record. Later, it lost $9 and is now trading at $1,564.5. The Palladium future hit a significant low of $1,346.4 around a month ago, but has since recovered 11.13%.