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Archive for  November 2005

    • News Desk
    • Nov 3rd, 2005
    • Comments Off on Oil touches three-month low as US stockpiles swell

    Oil prices briefly sank below $59 a barrel on Wednesday for the first time since late July, after US data showed crude supplies rose and warm weather sapped demand for winter fuels. US light crude

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    • News Desk
    • Nov 3rd, 2005
    • Comments Off on Oil touches three-month low as US stockpiles swell

    Oil prices briefly sank below $59 a barrel on Wednesday for the first time since late July, after US data showed crude supplies rose and warm weather sapped demand for winter fuels. US light crude

    Read More

    • News Desk
    • Nov 3rd, 2005
    • Comments Off on US challenges Turkey’s rice import ban

    The Bush administration filed a complaint with the World Trade Organisation about Turkey's restrictions on imports of American rice, the US Trade Representative said on Wednesday. On Tuesday, Turkey re-instituted its domestic purchase requirement which

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    • News Desk
    • Nov 3rd, 2005
    • Comments Off on USTR heads to Africa for cotton talks

    Top US trade officials will travel to Africa next week, according to industry and diplomatic sources, for meetings likely to center on demands by some of the world's poorest cotton producers that Washington scrap big

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  • Wednesday's Rotterdam vegetable oil prices at 1700 GMT. SOYOIL: EU degummed euro tonne fob ex-mill January 2006 472.00 +3.00 February 2006/April 2006 472.00 +3.00 May 2006/July 2006 472.00 +3.00. RAPEOIL: Dutch/EU euro tonne fob ex-mill

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  • Wednesday's Rotterdam vegetable oil prices at 1700 GMT. SOYOIL: EU degummed euro tonne fob ex-mill January 2006 472.00 +3.00 February 2006/April 2006 472.00 +3.00 May 2006/July 2006 472.00 +3.00. RAPEOIL: Dutch/EU euro tonne fob ex-mill

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    • News Desk
    • Nov 3rd, 2005
    • Comments Off on New York cotton futures close firmer

    Cotton futures ended firmer Wednesday on late speculative buying and fiber contracts may well stay in a band given the dearth of fresh leads at the moment, brokers said. The New York Board of Trade's

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  • London white sugar futures closed higher on trade and speculative buying on Wednesday on a stronger New York raws market, traders said. Front-month December settled up $4.40 or 1.6 percent at $283.40 per tonne in

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  • London Metal Exchange (LME) prices ended higher on Wednesday on light buying after uneventful options expires, with copper, aluminium and zinc leading the way, analysts and dealers said. "The market is ticking over. Copper, aluminium

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    • News Desk
    • Nov 3rd, 2005
    • Comments Off on Gold firms in Europe after sell-off

    Gold prices bounced on Wednesday in Europe, paring heavy losses from the start of the week, with currencies seen guiding the market in the short term. The precious metal fell to its lowest in five

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