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Archive for the February 2, 2005

  • Tuesday's Rotterdam vegetable oil prices at 1700 GMT. SOYOIL: EU degummed euro tonne fob ex-mill February 2005 380.00 March 2005/April 2005 380.00 May 2005/July 2005 377.00 -3.00 August 2005/October 2005 375.00 -5.00. RAPEOIL: Dutch/EU euro

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    • News Desk
    • Feb 2nd, 2005
    • Comments Off on New York cotton creeps to firm finish

    Cotton futures ended marginally higher Tuesday on modest speculative buying and the market is seen drifting along due to a dearth of news to give it direction on its next move, analysts said. The New

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  • Liffe cocoa futures were changing hands slightly higher on Tuesday after a setback in earlier trade, dealers said. Fresh fundamental news or technical signals are needed to prevent prices settling back into a recent well-worn

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    • News Desk
    • Feb 2nd, 2005
    • Comments Off on Metals lower, wary of dollar rise

    Base metals prices fell by the close of open-outcry trading in London on Tuesday as a firming dollar prompted profit-taking before a decision on US interest rates, analysts said. "The market is coming off steadily

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    • News Desk
    • Feb 2nd, 2005
    • Comments Off on European gold softens, eyes Fed meeting

    Gold remained under pressure in Europe on Tuesday, trying to find its footing after scoring a fresh three-week low below $420 as safe-haven buying related to Iraq's election was unwound, dealers said. Investors had bought

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    • News Desk
    • Feb 2nd, 2005
    • Comments Off on US MIDDAY: cocoa climbs on speculative buying

    New York cocoa futures rallied over 2 percent Tuesday, propelled by trade and speculative buying amid a lack of producer selling, market sources said. The New York Board of Trade's front-month March delivery settled up

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    • News Desk
    • Feb 2nd, 2005
    • Comments Off on US MIDDAY: coffee bounces back on roasters adjusting

    Arabica coffee futures clawed back from early losses to end higher Tuesday for the third consecutive session, buoyed mainly by roasters adjusting their positions, traders and brokers said. "Roaster buying into negative territory caused the

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    • News Desk
    • Feb 2nd, 2005
    • Comments Off on US MIDDAY: sugar at week low on fund liquidation

    Raw sugar futures closed Tuesday at a week-low on speculative fund liquidation and the market may grind lower in the days ahead on follow-through pressure in the sweetener, brokers said. The New York Board of

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

    Chicago Board of Trade wheat futures were higher early on Tuesday in a short-covering bounce after a series of recent contract lows, traders said. March wheat as of 10:15 am CST (1615 GMT) was up

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    • News Desk
    • Feb 2nd, 2005
    • Comments Off on US MIDDAY: corn firmer on technical bounce

    Corn futures at the Chicago Board of Trade were firm early on Tuesday amid a technical bounce, but trading was quiet, traders said. "We're just in limbo now. It's really quiet all over the floor,"

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