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Archive for  November 2005

  • London Metal Exchange (LME) copper ended little changed after earlier volatility on Tuesday, dealers said. The market has established a loose range between $3,800 and $4,000 a tonne recently in illiquid conditions that were exacerbated

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    • News Desk
    • Nov 2nd, 2005
    • Comments Off on Gold stumbles to five-week low in London

    Gold skidded down to its lowest in five weeks on Tuesday in Europe as a firm dollar triggered more speculative selling and took total losses this week to just over three percent. Traders expected the

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    • News Desk
    • Nov 2nd, 2005
    • Comments Off on US MIDDAY: coffee edges up on December contract

    US coffee futures settled a shade higher Tuesday, with spread trading at the start of the new month putting a break to four consecutive sessions of price declines, market sources said. The New York Board

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    • News Desk
    • Nov 2nd, 2005
    • Comments Off on US MIDDAY: cocoa firmer on non-commercial participants

    US cocoa futures finished on positive ground Tuesday after non-commercial participants focused on rolling out of their front-month positions for longer-dated contracts, traders said. The New York Board of Trade's active December cocoa contract rose

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    • News Desk
    • Nov 2nd, 2005
    • Comments Off on US MIDDAY: sugar easier on fund liquidation

    Raw sugar prices finished Tuesday at a five-week low on fund liquidation and the market could lose further ground as investors reduce their positions in the sweetener, brokers said. The New York Board of Trade's

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    • News Desk
    • Nov 2nd, 2005
    • Comments Off on US MIDDAY: corn gains on spillover support

    Corn futures at the Chicago Board of Trade were higher early on Tuesday with spillover support stemming from a surge in soy and on short covering, traders said. At 10:16 a.m. CST (1616 GMT), CBOT

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    • News Desk
    • Nov 2nd, 2005
    • Comments Off on US MIDDAY: wheat higher on short-covering bounce

    Wheat futures at the Chicago Board of Trade were higher early on Tuesday on a short-covering bounce after recent declines, including a break last week that pushed values into oversold territory, traders said. As of

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    • News Desk
    • Nov 2nd, 2005
    • Comments Off on US MIDDAY: copper down on technical business

    US copper futures opened in negative territory Tuesday in mostly technical business as increased production forecasts were seen adding pressure to an already volatile market amid the second day of the LME dinner week, floor

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    • News Desk
    • Nov 2nd, 2005
    • Comments Off on US MIDDAY: soyabeans rise on technical bounce

    Soyabean futures at the Chicago Board of Trade climbed early on Tuesday on technical bounce after falling to a 2-1/2 week low on Monday, traders said. Commodity funds were early buyers, with Citigroup, Fimat Futures

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    • News Desk
    • Nov 2nd, 2005
    • Comments Off on US MIDDAY: gold sinks on speculative liquidation

    Gold futures tumbled to a low not seen since mid-September in New York early on Tuesday amid speculative liquidation and a stronger dollar ahead of a possible hike in US interest rates, dealers said. Spillover

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