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Archive for the November 2, 2005

  • Gold futures in New York tumbled on Monday to close at a 10-day low, as a stronger dollar, falling oil price and gains in the stock market touched off a round of heavy fund selling,

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    • News Desk
    • Nov 2nd, 2005
    • Comments Off on Gold rebounds in Asia after New York sell-off

    Gold rebounded in Asia on Tuesday thanks to buying interest triggered after the metal's sharp falls in New York, but public holidays in the region slowed trade. Markets in India, Singapore and Malaysia were closed

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    • News Desk
    • Nov 2nd, 2005
    • Comments Off on Chinese farmers grow slightly more winter wheat

    Chinese farmers have planted slightly more winter wheat this year despite rain in October which delayed sowing of the crop for more than a week, agriculture officials said on Tuesday. Farmers in major growing areas

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    • News Desk
    • Nov 2nd, 2005
    • Comments Off on Oil holds below $60 as mild weather dampens demand

    Oil prices held below $60 on Tuesday as mild temperatures in the US Northeast and Japan limited demand for heating fuel. US crude edged 2 cents lower to $59.74 a barrel, after hitting a three-month

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  • The Malaysian market will be closed on Tuesday, On Thursday and Friday for religious festivals. Copyright Reuters, 2005

    • News Desk
    • Nov 2nd, 2005
    • Comments Off on Copper pressured in Asia after sliding from highs

    Copper futures were on the defensive in Asian trading on Tuesday after sliding from peaks set in London as weakness in oil, gold and other commodity prices encouraged fund operators to lighten positions in the

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  • The amount of rubber used to make tyres in Japan rose 6.7 percent in September from a year to 116,615 tonnes, data from the Japan Automobile Tyre Manufacturers' Association showed on Tuesday. Tyres shipped domestically

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  • Thai rice futures fell for the third consecutive session on Tuesday due to profit taking, brokers said. Overall volume dropped as 51 contracts of 5 percent white rice changed hands compared to Monday's 84. The

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  • Raw sugar prices crumbled from speculative fund selling to finish on Monday at their lowest level in over a month, and operators feel the sweetener may slip further from more fund sales in the days

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    • News Desk
    • Nov 2nd, 2005
    • Comments Off on Soya weaker amid harvest, big deliveries

    Soyabean futures at the Chicago Board of Trade ended weak on Monday with harvesting of an abundant supply of soya in the United States and generally satisfactory crop weather in South American soya areas weighing

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