Archive for the November 8, 2005
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Malaysian tin rebounded to end sharply higher on Monday, spurred by strong Japanese buying following a long holiday break, dealers said. The Kuala Lumpur Tin Market (KLTM) spot contract closed up $140 at $6,370 a
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Oil prices dipped to $60 on Monday as mild weather blanketed the northern hemisphere and recovering US crude production soothed worries over a supply shortfall. US light crude oil slipped 44 cents to $60.14 a
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Russia has harvested 21.1 million tonnes of sugar beet so far from 0.76 million hectares, or 94 percent of the harvest area, which is 0.8 million tonnes more than at the same date in 2004,
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Thai rice futures ended mixed on Monday as most investors offset the November contract ahead of its expiry, broker said. Overall volume dropped as 96 contracts of 5 percent white rice changed hands, down from
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China's largest wheat-producing province of Henna sold about 700,000 tonnes of stocks during a weekend auction, only half of the amount planned, market officials said on Monday. The province sold 258,000 tonnes of Canadian wheat
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Australia's national wheat exporter, Australian Wheat Board Ltd, on Monday dismissed a call from a US lobby group that it be banned from trading US wheat futures because of allegations of Iraqi kickbacks. Allan Tracy,
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Rubber prices dropped in Asia on Monday as supply improved in main producer Thailand, while a softer oil price put pressure on Japanese futures. The benchmark April 2006 contract on the Tokyo Commodity Exchange (TOCOM)
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China's grain output is expected to rise by 5 percent this year, official media said, citing a higher forecast than Beijing had previously given. The grain harvest this year is estimated to hit 494 million
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Copper prices rose in Asia on Monday as funds ignored large stock rises in China and state reserve sell-offs and bought up the metal, traders said. Three-month copper on the London Metal Exchange (LME) was
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South Korean feed buyers are expected to keep a high profile in the corn market this week, while activity among Taiwanese and Japanese buyers is likely to be slow following recent active purchases. Buyers from
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