Archive for the February 3, 2005
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Sharp increase was seen in the forward cottonseed oilcake price on Wednesday as buying continued on anticipation of further rise in the prices, dealers said. The March vaida commenced unchanged at Rs 406.00, which proved
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Improving demand for better quality lint helped cotton prices to maintain their present levels on Wednesday, brokers said. The official spot rate remained unchanged at Rs 2075, without upcountry expenses. The seed-cotton prices were mostly
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Rising demand for sugar, pushed the prices sharply up on the grain market on Wednesday, dealers said. On the cereals side, sugar prices went up by Rs 105-110 to Rs 2540 and Rs 2580, respectively.
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The trading on milk powder sector moved downward on Jodia Bazar on Wednesday. The following variations were seen in the Haleeb SMP down Rs 200 to Rs 3700, Poland down Rs 200 to Rs 2000,
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Rubber boots maker Nokian Footwear has a legacy which many firms of greater stature could only dream of. Founded in 1898 as galoshes and technical rubber factory Someone Gummitehdas, it grew through mergers and acquisitions
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US copper futures finished lower on Tuesday, with a sell off sparked by dollar strength, but some copper buyers jumped back in to minimise the damage once the dollar clipped its gains, traders said. "The
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Tokyo platinum futures retreated from a 2-1/2 month high on Wednesday, yielding to profit-taking after spot metal prices failed to sustain the $880 an ounce level and a major platinum producer reported an output increase.
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US gold futures lost ground on Tuesday but settled above a three-week low as a stronger dollar dictated direction before the US Federal Reserve's interest rate decision on Wednesday. In other precious metals, platinum rose
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Gold shrugged off a weaker dollar to hold steady in Asia on Wednesday ahead of an expected interest rate rise by the US Federal Reserve later in the day. Spot gold was at $421.65/422.15 an
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Shanghai copper futures ended lower on Wednesday alongside lower London prices, despite some support from Chinese traders keeping a wary eye on London fundamentals ahead of the week-long Spring Festival break. "Last week everyone thought
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