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Archive for the November 10, 2005

    • News Desk
    • Nov 10th, 2005
    • Comments Off on Japan to hold tender for 120,000 tonnes of rice

    Japan's Agriculture Ministry will hold an ordinary import tender for 120,000 tonnes of rice on November 11, a ministry official said on Wednesday. Of the total, the ministry plans to buy 65,000 tonnes from the

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  • Raw sugar prices drifted to a weaker close on Tuesday as moderate selling by funds and brokers overpowered some scattered trade buying at lower levels, traders said. The New York Board of Trade's key March

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    • News Desk
    • Nov 10th, 2005
    • Comments Off on Soyabeans firmer on mild rebound, oil supports

    Chicago Board of Trade soyabean futures closed higher on Tuesday on a mild technical short-covering bounce after the steep price slide on Monday, traders said. Strength in the soyaoil pit amid strong commercial buying helped

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  • Rough rice futures at the Chicago Board of Trade closed lower on Tuesday on spillover technical sales from Monday, traders said. Prices kept within recent ranges, especially after hitting a four-month top on Friday, as

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    • News Desk
    • Nov 10th, 2005
    • Comments Off on Asian rubber: Michelin buys tyre-grade

    France's Michelin bought tyre-grade rubber from Indonesia on Wednesday to take advantage of a price dip blamed on rising supplies in Southeast Asia, dealers said. The world's largest tyre maker bought SIR20 at 69.50 and

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    • News Desk
    • Nov 10th, 2005
    • Comments Off on Import talk hits Indian wheat futures, soyaoil down

    Indian wheat futures slipped on Wednesday on market talk the government is likely to allow grain imports, while soyaoil fell on strong arrivals, brokers said. Gold prices rose tracking global markets and sugar was down

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    • News Desk
    • Nov 10th, 2005
    • Comments Off on Saudi Arabia plays big role in setting crude prices: Exxon

    Saudi Arabia, the world's biggest crude oil producer, plays a large role in setting global oil prices, Exxon Mobil Corp Chief Executive Lee Raymond told a Senate panel on Wednesday. Questioned by Senate Energy Committee

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    • News Desk
    • Nov 10th, 2005
    • Comments Off on World health experts outline bird flu strategy

    International health experts on Wednesday agreed the outlines of a global strategy to tackle the spread of bird flu that the World Bank has estimated would cost up to $1 billion over three years. Wrapping

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    • News Desk
    • Nov 10th, 2005
    • Comments Off on US wholesale inventories exceed forecasts

    Inventories at US wholesalers rose 0.6 percent in September, twice the amount forecast by Wall Street, but stockpiles relative to sales dropped to their lowest level in more than a year, a government report showed

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    • News Desk
    • Nov 10th, 2005
    • Comments Off on PepsiCo plans restructuring on costs pressures

    PepsiCo Inc, the world's second-largest soft drink maker, on Wednesday said it plans to cut costs in some of its operations and take a restructuring charge of up to $85 million. Pepsi's shares were little

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