Credendo reveals record 2019; Bunge reports Q1 loss as agribusiness takes a hit; Newmont's profit surges on higher production, rise in bullion prices

In today's daily round-up of export, trade and commodity finance news, TXF's Max Thompson covers the latest stories and trends across the market:

• Credendo reveals record 2019 but warns of challenging 2020 amid COVID-19 crisis; 

• US-based gold miner Newmont Corp’s adjusted profit nearly doubled, boosted by higher production and a surge in the prices of the precious metal, as investors rushed to the safe-haven asset amid market turmoil caused by the COVID-19 outbreak.

• US-based agricultural commodities trader Bunge reported a quarterly loss compared with a year-ago profit, impacted by a $385 million charge in its agribusiness segment

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