Archive for February 2005
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Tokyo rubber futures extended gains on Monday, touching a 2 1/2 month high, buoyed by technical buying and a soft yen. The benchmark July TOCOM rubber contract on the Tokyo Commodity Exchange closed up 0.9
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Tokyo platinum futures jumped to a 2-1/2 month high on Monday, as short-covering gathered pace on a weaker yen and the benchmark contract's breach of resistance. Gold futures settled easier, pressured by falling spot metal
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The price of London Metal Exchange copper fell in Asia on Monday on light profit-taking after on Friday's gains in London, but dealers also said copper was affected by later US dollar gains. Dealers said
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Gold lost more than $2 an ounce in volatile Asian trade on Monday after the weekend election in Iraq went ahead without being derailed by major violence, while lower oil prices reduced fears of inflation.
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Vietnam's Trade Ministry has projected the coffee harvest finished this month would yield at least 10 percent more than last year's crop, but some traders were sceptical, saying they expected an output decline. Vietnam is
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Oil prices tumbled below $47 on Monday after Opec producers agreed to keep crude output unchanged for now and Iraq's elections passed without disruption to oil exports. US oil prices fell 62 cents to $46.56
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India's summer oilseeds output is expected to rise to 10.37 million tonnes from 10.01 million tonnes a year ago because of ample soil moisture and more area under oilseed crops, an industry association said on
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The Alexandria Cotton Exporters' Association (Alcotexa) said on Monday it had committed to sell 6,168.5 tonnes of cotton in the two weeks ended January 29. Alcotexa said it had committed to sell 943.5 tonnes of
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India's soyameal exports, subdued because of soft world prices, could pick up in the coming weeks with domestic soyabean prices easing, industry officials said on Monday. The United States and countries in South America have
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South Korean and Taiwanese importers are seeking soyameal, soyabean and corn this week ahead of the Lunar New Year holidays, but Japan was expected to keep a relatively low profile, traders said on Monday. Japan
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