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Archive for  August 2004

  • NYBOT cotton futures finished easier Thursday on speculative and automatic sell orders as the market pulled back after surging recently to a two-month high, dealers said. Key December cotton sank 1.69 cents to settle at

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    • News Desk
    • Aug 27th, 2004
    • Comments Off on London coffee flat on rolling positions

    Liffe robusta coffee futures held steady for a second session on Thursday as the market focused on rolling positions. However, traders expected some upward momentum next week once activity on the front-month spreads ended. September

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  • Liffe cocoa futures finished higher on Thursday, rebounding from the losses of the previous two sessions though traders said outright activity was slim. Industry buying pushed New York futures higher, helping London recover from negative

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    • News Desk
    • Aug 27th, 2004
    • Comments Off on Gold consolidates in Europe as inflation fears fade

    Gold fell in Europe on Thursday, consolidating as inflation fears faded with easier oil prices, dealers said. Spot gold softened to $406.30/406.80 an ounce by 1508 GMT, compared with $407.25/408.05 quoted late on Wednesday in

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    • News Desk
    • Aug 27th, 2004
    • Comments Off on LME copper ends firmer on short covering

    Copper prices ended higher in Thursday London Metal Exchange (LME) trading, bolstered by talk of potential labour problems in Peru and by another modest inventory decline. Analysts said copper miners were seeking higher wages amid

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    • News Desk
    • Aug 27th, 2004
    • Comments Off on US MIDDAY: coffee rallies on technical signals

    Benchmark arabica coffee futures rallied to a five-week high on Thursday as funds bought on strong technical signals, despite continued favourable crop weather in Brazil, traders said. On the New York Board of Trade, the

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    • News Desk
    • Aug 27th, 2004
    • Comments Off on US MIDDAY: sugar at new lows on speculative fund sales

    NYBOT raw sugar futures ended at a nine-week low Thursday on speculative fund sales in a subdued session, and the sweetener was seen possibly edging lower Friday on follow-through sales, brokers said. October sugar fell

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    • News Desk
    • Aug 27th, 2004
    • Comments Off on US MIDDAY: wheat turns down on bearish input

    Selling by speculators, following a drop in soy, turned Chicago Board of Trade wheat futures lower early on Thursday, traders said. Wheat opened firm in response to supportive export news, but the sliding soy and

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    • News Desk
    • Aug 27th, 2004
    • Comments Off on US MIDDAY: corn weaker on weekly export data

    Corn futures at the Chicago Board of Trade fell early Thursday, pressured by disappointing weekly export data released before the open and an improvement in US crop weather, traders said. Warmer temperatures were expected through

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    • News Desk
    • Aug 27th, 2004
    • Comments Off on US MIDDAY: soyabeans mostly lower on weak cash prices

    Chicago Board of Trade soyabean futures were lower at midday Thursday on weak US cash prices, improved crop weather and talk of good US Delta harvest yields, brokers said. Overnight rains of up to 5.5

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