Spot gold edged down in Asia on Monday on light sales prompted by the dollar's slight gains against key currencies, but precious metals generally lacked clear direction ahead of a public holiday in the United

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Soft demand from Northeast Asian refiners ahead of second-quarter maintenance kept trades of April-loading Abu Dhabi light sour Murban crude at a discount, traders said on Monday. Traders said an April-loading Murban cargo was sold

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London oil prices edged up toward a fresh three-week high on Monday on nagging concerns over a possible second-quarter Opec production cut and tightening global market forecasts. Oil futures on London's International Petroleum Exchange (IPE)

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Tokyo rubber futures slipped to a two-week low on Monday on position squaring ahead of the expiry of the prompt February futures contract the next day. Fund operators were keen to reduce positions, thinking the

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Algeria's top sugar refiner, Cevital, will produce 500,000 tonnes of white sugar in 2005, or about half domestic needs, the family-owned company's vice-president said on Monday. "We'll refine 500,000 tonnes of raw sugar this year.

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India's wheat output is likely to rise to 75 million tonnes this year after widespread winter rains, leaving a surplus of 2-3 million tonnes for exports, the country's largest grain procurement agency said on Monday.

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The Alexandria Cotton Exporters' Association (Alcotexa) said that on Monday it had committed to sell 2,184 tonnes of cotton in the week ended February 19. Alcotexa said it had committed to sell 384 tonnes of

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Thai sugar premiums are expected to hold onto recent gains over the next few days with domestic supplies cut by drought which will result in lower exports this year, traders said on Monday. Millers said

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Malaysian palm oil output is expected to fall around 11 percent to 1.025 million tonnes in February, pulled down by a shorter working month and a seasonal drop in production, a Reuters survey showed on

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Malaysian crude palm oil futures fell two percent on Monday after export estimates for the period from February 1 to 20 came in below market expectations. A substantial rise in rival Chicago soyoil on Friday

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