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Archive for  February 2005

  • The following were Tuesday's Rotterdam vegetable oil prices at 1700 GMT. SOYOIL: EU degummed euro tonne fob ex-mill April 2005 381.00 +6.00 May 2005/July 2005 380.00 +5.00 August 2005/October 2005 378.00 +3.00. RAPEOIL: Dutch/EU euro

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  • Cocoa purchases in Ghana, the world's second biggest producer, have slowed in recent weeks, but are expected to pick up again from mid-March, the chief executive of regulatory body Cocobod said recently. Kwame Sarpong told

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  • London sugar futures closed higher on fund, trade and arbitrage buying on Tuesday after a flurry of fund selling in recent days lost momentum, traders said. Liffe May settled up $9.20 at $267.40 a tonne

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    • News Desk
    • Feb 23rd, 2005
    • Comments Off on Copper off 16-year high, zinc at fresh 7-1/4-year peak

    Trade selling and profit-taking ended copper's run towards record highs in London on Tuesday as prices fell from a 16-year peak scored earlier on dollar weakness. Analysts said the market would remain highly volatile given

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    • News Desk
    • Feb 23rd, 2005
    • Comments Off on European gold hits fresh peaks on sliding dollar

    Gold spiked to its highest in almost two months above $430 on Tuesday, with dealers looking for further gains as the dollar tumbled and made bullion more attractive to non-US investors. "The euro is moving

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    • News Desk
    • Feb 23rd, 2005
    • Comments Off on US MIDDAY: coffee slides on speculators profits taking

    Benchmark arabica coffee futures finished down 2.5 percent Tuesday, depressed by speculators taking profits from recent five-year highs, traders and brokers said. The New York Board of Trade's most active May arabica contract fell 3.05

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    • News Desk
    • Feb 23rd, 2005
    • Comments Off on US MIDDAY: sugar surges on trade, broker buying

    Raw sugar futures closed higher on Tuesday on trade and broker buying, with prices also getting a lift from firmer London white sugar, brokers said. The New York Board of Trade's March raw sugar contract

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  • Chicago Board of Trade corn futures climbed to a six-week high by Tuesday's midsession, trying to keep pace with the rally in wheat and soybeans, traders said. May corn shot through its 100-day moving average

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    • News Desk
    • Feb 23rd, 2005
    • Comments Off on US MIDDAY: wheat higher on fund buying

    Chicago Board of Trade wheat, corn and soybean futures rallied sharply at midsession on Tuesday on fund buying and buy-stops, traders said. At 11 am CST (1700 GMT), CBOT wheat was up 13-1/2 to 24

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    • News Desk
    • Feb 23rd, 2005
    • Comments Off on US MIDDAY: soyabeans rise on drought in Brazil’s soya

    Soyabean futures at the Chicago Board of Trade rose on Tuesday amid a worsening drought in Southern Brazil's soya growing region that was cutting yields, traders said. Soyabean futures saw a double-digit climb early Tuesday,

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