The latest Market Talks covering Commodities. Published exclusively on Dow Jones Newswires throughout the day.

0300 GMT - Palm oil rises in early Asian trade, driven by bargain hunting. Technical indicators remain positive, supporting a bullish outlook, RHB says in a note. The upward bias is expected to remain intact unless crude palm oil futures fall below 4,210 ringgit a ton, it says. RHB expects prices to face resistance at 5,100 ringgit a ton. The Bursa Malaysia Derivatives contract for November delivery is up 15 ringgit at 4,867 ringgit a ton. (yingxian.wong@wsj.com)

0213 GMT - Iron-ore prices across contracts are mixed in early Asian trade. The most actively traded January iron-ore contract on the Dalian Commodity Exchange is flat at 718.5 yuan a ton. Although arrivals of the steelmaking material at Chinese ports have eased, overseas mining companies have ramped up shipments, keeping supply at a high level, Baocheng Futures says in a research note. Amid weak overall demand in China, iron-ore prices remain under pressure, it says. On the positive side, high ocean freight-shipping rates give some support to the commodity, it adds. (sherry.qin@wsj.com)

0208 GMT - Laopu Gold's shareholders are likely to focus on quarter-on-quarter improvement in the Chinese gold jeweler's sales in the near term, Citi analysts say in a note, citing investor queries after the company's results. While Laopu's management disclosed more concrete plans for its overseas expansion, the investors appear to have low expectations, the analysts say. The investors asked mainly about the jeweler's pricing strategy amid gold-price fluctuations and whether it has sufficient cash upon any inventory surge. The analysts reckon Laopu's longer-term competitiveness will continue to strengthen as it develops its very-important-clients segment and optimizes its stores. Citi retains a buy rating and a 507.00 Hong Kong dollars target price. Shares rise 2.8% to HK$416.80. (megan.cheah@wsj.com)

0203 GMT - Mineral Resources' FY 2026 result is a strong one, with earnings a small beat and its dividend reinstated at a much higher level than anticipated, Barrenjoey says. The miner declared a dividend of A$0.83, while Barrenjoey had forecast A$0.50 and consensus was at just A$0.07, the bank says. That "should be taken positively," says Barrenjoey. "FY27 guidance also broadly better than market expected across the board, with Wodgina a strong beat on volume and costs, and capex slightly better on a like-for-like basis," it says. The bank has an overweight rating and a A$73.00 target on Mineral Resources. Shares initially jumped as high as A$70.87 but have tumbled through the morning in Sydney to recently trade down 2.1% at A$65.51. (rhiannon.hoyle@wsj.com; @RhiannonHoyle)

0121 GMT - Gold rises in Asian trade. The precious metal faces limited downside due to the so-called dollar debasement trade continuing to attract investor buying, ANZ Research analysts write in a note. This is despite a U.S. inflation gauge remaining above the Federal Reserve's target, raising market expectations of the central bank hiking rates by the year-end, they add. A higher interest-rate environment typically weighs on non-yielding assets like gold. Attention now turns to Fed Chairman Kevin Warsh's speech at the annual Jackson Hole gathering later this week, the tone of which could well sway monetary-policy expectations, says Critical Metals' Tony Sage. Spot gold gains 0.5% to $4,617.78 a troy ounce.(megan.cheah@wsj.com)

0119 GMT - Copper rises in early Asian trade, with the three-month copper futures contract on the London Metal Exchange up 0.2% at $14280.00 a metric ton. The base metal's stockpiles at global inventories including the LME have continued to decline, ANZ Research analysts say in a note. The copper market also remains on edge as it awaits the White House's plans for tariffs on imported refined copper, ANZ adds. (amanda.lee@wsj.com)

2104 GMT - Livestock futures on CME end mixed with live cattle extending losses to a fourth straight session and lean hogs gaining. "With increasing imports and cattle crossing the border, along with speculators bear spreading and selling cattle and buying hogs, the path of least resistance for cattle and feeders is lower," ADM Investor Services says in a note. The U.S. resumed imports of Mexican cattle in Arizona on Monday, and plans to open two New Mexico ports in the next 60 days. The border reopening coincides with the U.S. allowing imports of 300,000 metric tons for ground beef with no out-of-quota tariff. Live cattle slip 0.1% to $2.1065 a pound and hogs rise 0.4% to 80.8 cents a pound.(anthony.harrup@wsj.com)

1953 GMT - U.S. natural gas futures settle at their highest level in a month as hot weather lingers into late August and early September, maintaining high power-sector demand. Market focus turns to Thursday's EIA weekly storage report, which coincides with the September contract expiration. Analysts in a Wall Street Journal survey see an inventory build of 21 Bcf for last week, smaller than the five-year average of 33 Bcf. That would reduce the inventory surplus to 173 Bcf from 185 Bcf the previous week. Nymex natural gas rises 2.6% to $2.842/mmBtu. (anthony.harrup@wsj.com)

1946 GMT - Crude futures extend losses to three sessions on cautious expectations that the U.S. economic isolation of Iran, rather than military action, could bring about a reopening of the Strait of Hormuz. "The de-escalation and fears of tighter global supplies are easing, which is tripping some long liquidation by funds," Dennis Kissler of BOK Financial says in a note. Rising U.S. commercial crude stocks are also a bearish factor, he adds. The EIA reported a 95,000 barrel increase in crude inventories, which was smaller than expected but still a fourth consecutive weekly rise. WTI edges down 0.2% to $82.23 a barrel, and Brent falls 0.8% to $87.84.(anthony.harrup@wsj.com)

1827 GMT - Private exporters reported to the USDA sales of 333,000 metric tons of soybeans to China for the 2026/27 marketing year, supporting futures. Soybeans are trying to catch up with gains in corn, but "bean production ideas are increasing with beans expected to underperform corn moving forward," Doug Bergman of RCM Alternatives says in a note. Soybeans are up 2.4% on CBOT, while corn rises 2.6% and wheat soars 6.4% on fears of further escalation in the Russia-Ukraine war. (anthony.harrup@wsj.com)

1822 GMT - Gold futures ease back from the three-month highs reached early this week after PCE inflation--a consumer price gauge favored by the Fed--picked up in July. The report was closely watched given its implications for Fed policy. "The metal could continue to benefit from concerns over U.S. debt levels as well as expectations of a Fed hold at its next meeting," Critical Metals CEO Tony Sage says in a note. "However, a hike is still expected at the following meeting, which could fuel some pressure." Front month gold finishes down 0.86% to $4598.20 a troy ounce. Silver drops 0.94% to $67.990 a troy ounce.(anthony.harrup@wsj.com)

1726 GMT - The breakdown in trade relations between Canada and the U.S. is part of a wider continuing trade realignment, a story that is still being written, says BMO Capital Markets' Francois Trahan. The investment strategist says while people in Canada may think all that is needed is a new U.S. administration in two years and things can return to the norm, that isn't necessarily what lies ahead. "Friendly reminder that the Biden administration didn't remove the tariffs that were imposed on China during the first Trump administration." Trahan says a future administration may not have the ability to change the tariff policy because of the fiscal situation in the U.s.