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Archive for the November 3, 2005

  • London Metal Exchange (LME) prices ended higher on Wednesday on light buying after uneventful options expires, with copper, aluminium and zinc leading the way, analysts and dealers said. "The market is ticking over. Copper, aluminium

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    • News Desk
    • Nov 3rd, 2005
    • Comments Off on Gold firms in Europe after sell-off

    Gold prices bounced on Wednesday in Europe, paring heavy losses from the start of the week, with currencies seen guiding the market in the short term. The precious metal fell to its lowest in five

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    • News Desk
    • Nov 3rd, 2005
    • Comments Off on US MIDDAY: coffee jumps by speculators buying

    US coffee futures jumped 4 percent Wednesday, buoyed in large part by speculators buying back their short positions from a recent three-week low and lingering worries about supply tightness, sources said. Traders and analysts said

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    • News Desk
    • Nov 3rd, 2005
    • Comments Off on US MIDDAY: cocoa firmer on harvest export

    US cocoa futures settled a touch higher Wednesday in a quiet session, with market players continuing to switch positions ahead of the front-month delivery's first notice day in two weeks, traders said. But the bulls

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    • News Desk
    • Nov 3rd, 2005
    • Comments Off on US MIDDAY: sugar modestly higher on speculative buying

    Raw sugar prices rebounded from a fall to a five-week low by banking on speculative buying to end firmer Wednesday and the sweetener may consolidate around its current level over the coming sessions, brokers said.

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    • News Desk
    • Nov 3rd, 2005
    • Comments Off on US MIDDAY: corn weaker on crop forecast

    Corn futures at the Chicago Board of Trade were mostly weak early on Wednesday amid a private forecast for a big US corn crop this year, traders said. Late Tuesday, commodity brokerage firm FC Stone

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    • News Desk
    • Nov 3rd, 2005
    • Comments Off on US MIDDAY: wheat eases on weather conditions

    Soft red winter wheat futures at the Chicago Board of Trade were lower early on Wednesday amid a sag in corn and soy and overall good crop weather in the US winter wheat belt, traders

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    • News Desk
    • Nov 3rd, 2005
    • Comments Off on US MIDDAY: copper gains on market volatility

    US copper futures opened with modest gains Wednesday on the heels of a slightly firmer London market as expectations of market volatility following expires of November traded options failed to materialise as some had forecast

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    • News Desk
    • Nov 3rd, 2005
    • Comments Off on US MIDDAY: soyabeans slip on technical rebound

    Chicago Board of Trade soyabean futures slipped about 3 to 5 cents early Wednesday then recovered a bit after soyameal turned higher in a technical rebound, traders said. "It has a meal/oil feel to it,"

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    • News Desk
    • Nov 3rd, 2005
    • Comments Off on US MIDDAY: gold snaps back on heavy fund selling

    Gold in New York bounced from a six-week low on Wednesday, as metals and currency traders took a cue from a firmer euro against the dollar and after two days of heavy fund selling in

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