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Archive for the February 4, 2005

    • News Desk
    • Feb 4th, 2005
    • Comments Off on Tokyo platinum rebounds on yen fall, gold steady

    Tokyo platinum futures rebounded on Thursday, taking their cue from a weaker yen and good technical signs, although the market was shy about testing the 2-1/2 month high set this week amid a lack of

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    • News Desk
    • Feb 4th, 2005
    • Comments Off on New York gold finishes fractionally firmer before US Fed

    US gold futures ended a touch higher on Wednesday in choppy currency-based trading before a US Federal Reserve decision on interest rates and monetary policy statement due after the close, dealers said. Most-active April gold

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    • News Desk
    • Feb 4th, 2005
    • Comments Off on Gold holds near $420 in Asia, awaits US data

    Gold was flat around $420 an ounce in quiet Asian trade on Thursday as dealers awaited leads from the currency market, which took in strike the widely expected rate rise by the US Federal Reserve.

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    • News Desk
    • Feb 4th, 2005
    • Comments Off on Asian sugar prices soar on rising needs

    Buyers in Asia are facing a growing need to refill their home sugar jars but most are awaiting better deals on world markets. India, the world's largest sugar consumer, Pakistan and Bangladesh are scouting for

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  • Thai rice prices are expected to hold steady over the next week, backed by a state-buying scheme and tight supplies at the end of the harvest. Thai 100 percent grade B was offered at $300

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    • News Desk
    • Feb 4th, 2005
    • Comments Off on CBOT rice closes lower on mild setback and thin trade

    Rough rice futures at the Chicago Board of Trade settled lower on a technical setback on Wednesday after a lightly traded session, traders said. Weakness in other CBOT markets drifted to rice, with little fresh

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  • Oil prices ticked lower on Thursday for the third day in a row as rising US gasoline supplies countered a surprise drop in crude inventories in the world's largest energy consumer. US light crude slipped

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    • News Desk
    • Feb 4th, 2005
    • Comments Off on New York sugar finishes lower on funds, more losses seen

    Raw sugar futures settled on Wednesday at a three-week low on speculative fund sales and the sweetener was seen slipping further as funds transfer positions out of the spot contract, brokers said. The New York

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    • News Desk
    • Feb 4th, 2005
    • Comments Off on Soyabean futures slide on rising crop hopes

    Soyabean futures at the Chicago Board of Trade closed weak on Wednesday, with the nearby month slipping to a contract low late as prospects for a huge South American crop and waning export interest cast

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  • Prices of Sri Lanka teas were mixed at the latest auction with high grown varieties attracting higher prices while low grownups declined in value due to poor quality, brokers said. The estimated gross sales average

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