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Archive for the February 2, 2005

    • News Desk
    • Feb 2nd, 2005
    • Comments Off on ‘Oversupplied soyabeans to test $5 price’

    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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    • News Desk
    • Feb 2nd, 2005
    • Comments Off on Thai rice futures mixed, volume up

    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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    • News Desk
    • Feb 2nd, 2005
    • Comments Off on Pakistani rice exports slow, prices stable

    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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    • News Desk
    • Feb 2nd, 2005
    • Comments Off on FOB Gulf corn and soya steady; lack export demand

    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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    • News Desk
    • Feb 2nd, 2005
    • Comments Off on Brazilian steelmaker Gerdau profit soars

    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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    • News Desk
    • Feb 2nd, 2005
    • Comments Off on Brazilian steelmaker Gerdau profit soars

    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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    • News Desk
    • Feb 2nd, 2005
    • Comments Off on Dubai holds rough diamond tender, eyes global role

    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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    • News Desk
    • Feb 2nd, 2005
    • Comments Off on Chinese and local demands keep prices firm on cotton market

    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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