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Archive for the October 28, 2005

  • Singapore bunker prices were lower on Thursday as bunker premiums rose against expectation due to a lack of buying pressure, traders said. Prices for 380-centistoke (cst) bunker fuel were pegged at $315-$317 a tonne, down

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  • The Karachi Port handled 98,538 tonnes of cargo including 55,593 tonnes import and 42,538 tonnes export cargo including 4,693 containers during last 24 hours ending at 0700 hours on Thursday. The cargo comprised of 75,938

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  • Cocoa arrivals at ports in Ivory Coast reached 113,664 tonnes between October 1 and 23, 2005, according to an estimate by major exporters on Thursday. That compared with 28,565 tonnes delivered to ports during the

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    • News Desk
    • Oct 28th, 2005
    • Comments Off on US Midwest corn and soyabean bids stronger

    Corn and soyabean spot basis bids were stronger in the US Midwest early on Thursday as grain elevators and processors tried to coax farmers into selling their crops, grain dealers said. Farmers were tight-fisted with

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  • US FOB Gulf corn basis offers were mostly lower on Wednesday amid declines in barge freight rates, while soyabeans were mostly steady, traders said. Barge freight fell further as demand from shippers dried up with

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  • Wheat futures on the Chicago Board of Trade retreated from early strength and closed lower on profit taking on Wednesday after Iraq confirmed a purchase of US wheat, traders said. Traders said the wheat market

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    • News Desk
    • Oct 28th, 2005
    • Comments Off on China seen importing more rice, exports to recover

    China, the world's largest rice consumer, is likely to import more rice than it exports in the coming years even though a bumper harvest this year will boost exports next year, industry officials said on

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  • The futures move up on the forward cottonseed oilcake market on Thursday on improved buying , dealers said. The December vaida commenced at Rs 440.50. Later, it gained sharply at Rs 442.40. In the process

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    • News Desk
    • Oct 28th, 2005
    • Comments Off on Hectic buying by mills before Eid holidays

    Extended demand was seen by the mills in the cotton market on Thursday to cover the forward buying ahead of the Eid-ul-fitr holidays, dealers said. The official spot rate remained unchanged at Rs 2350, without

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  • India's 2005 rice exports are likely to exceed four million tonnes, an executive from the India Rice Exporters Association said. Karan Chanana, secretary-general of the association, told Reuters India had shipped close to 3 million

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