Archive for February 2005
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Vietnamese rubber prices have risen this month on stronger demand from top buyer China and a halt in domestic production, industry sources said on Friday. The Trade Ministry said Vietnam's SRV3L, the most common rubber
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Raw sugar futures settled slightly higher on Thursday on trade buying tied to steady consumer interest in the market, analysts said. Over the past few sessions, the market would lose ground as speculative accounts liquidated
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Soyabean futures at the Chicago Board of Trade rallied to a near two-month high on Thursday on renewed worries that dry weather in parts of South America was cutting soyabean yields, traders said. Some meteorologists
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Rough rice futures at the Chicago Board of Trade rose on Thursday on a recovery bounce after on Wednesday's slide to a 1-1/2 year low, traders said. An impressive weekly export sales tally helped boost
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Tokyo rubber futures drifted lower in thin trade on Friday, with operators reluctant to take fresh positions on uncertainty about direction after a technical rally ran out of steam, brokers said. The benchmark July rubber
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Malaysian crude palm oil futures rose 1.3 percent on Friday, as talk of stronger exports for the first 20 days of February prompted further short-covering, dealers said. Gains in rival US soyaoil also lifted palm
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The eurozone is likely to see moderate economic recovery in 2005 despite some disappointing growth data and Germany could deliver a positive surprise in the first quarter, a top European Central Bank official said. Germany
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The Sri Lankan unit of Indian Oil Corp plans to challange Royal Dutch/Shell's dominance in the domestic liquefied petroleum gas (LPG) market this year, its boss told Reuters. Lanka IOC intends to enter the LPG
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Ukraine's new government will tighten monetary and budget policies this year to cut the budget deficit and curb growing inflation, Finance Minister Viktor Pynzenyk said on Friday. Pynzenyk said the government intended to change the
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Taiwan chip maker UMC rejected on Friday allegations of illegal ties with China's HeJian Technology Co Ltd, saying it aided the firm within the bounds of the law with the hope of eventually acquiring it.
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