Commodities summary: June 27
Reporter
Commodities summary for the day shows that the rally of crude prices continue after the crude prices slipped into bears market last week. Analysts have forecasted that the rally may not be complete until current oversupply has been cleared and expansion of U.S shale drilling firms slowed down.
Brent, WTI, gold, cocoa, coffee, corn and soybean ended the day on a positive, silver, cotton and wheat ended with losses, while cotton finished with same price as it opened for the day.
The time for opening prices was at 8am EDT (12 noon GMT) on Tuesday June 27 and closing prices were at 1pm EDT (5pm GMT).
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