Archive for the February 2, 2005
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A large global oilseed oversupply means nearby Chicago soyabean futures could test $5 a bushel, Hamburg-based newsletter Oil World said. "Soybean futures prices may soon fall to new contract low and test the $5.00 level
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Thai rice futures ended mixed on Tuesday as nearby contracts were largely offset in quiet trade in line with the physical market ahead of the weekend general election, brokers said. Overall volume rose as 183
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Pakistan's rice exporters continued to find demand low from traditional African markets during the past week, but domestic demand was keeping prices stable, dealers said on Tuesday. They said exporters were also unable to compete
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Farmgate prices in Ivory Coast's cocoa regions were mixed in the week of January 24-30, data from the BCC marketing body showed on Tuesday. Farmers said fierce competition pushed prices up in some areas while
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US Gulf FOB corn and soyabean basis offers were mostly steady on Monday, with both markets lacking fresh export interest, traders said. Soft and hard red winter wheat basis offers were mostly steady, underpinned by
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Gerdau, Brazil's largest steel producer, said on Tuesday that its quarterly profit rose almost 63 percent on higher international steel prices and stronger foreign sales. The family-owned company posted a net profit of 749.1 million
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Gerdau, Brazil's largest steel producer, said on Tuesday that its quarterly profit rose almost 63 percent on higher international steel prices and stronger foreign sales. The family-owned company posted a net profit of 749.1 million
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Dubai has held the first rough diamond tender at the Gulf emirate's new diamond exchange, a bourse it hopes will rival Antwerp, New York and Mumbai as a global gem hub. Noora Jamsheer, CEO of
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Upward trend persisted on the forward cotton seed oilcake market on Tuesday as buyers engaged in fresh purchasing on anticipation of fall in the supplies in the coming days, brokers said. The March vaida opened
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Prices maintained a firm posture on the cotton market on Tuesday as ginners did not show any change in their previous attitude on rising demand from the exporting countries, brokers said. The official spot rate
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