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Archive for the October 28, 2005

    • News Desk
    • Oct 28th, 2005
    • Comments Off on Coal challenges gas as fuel option for power

    Dirty, yet abundant and easily shipped, coal is starting to challenge natural gas as the fuel of choice for new power plants. This is because coal prices are relatively cheaper and not so volatile, industry

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    • News Desk
    • Oct 28th, 2005
    • Comments Off on Oil rises over $61 as oil firms profit

    Oil firmed above $61 on Thursday as two of the world's biggest oil firms, Exxon Mobil Corp and Royal Dutch Shell Plc., raked in record profits from red-hot prices and drew sharp words from US

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  • Turkish wheat prices fell this week with the start of sales under a state grain scheme but barley prices increased due to supply shortage, traders said on Thursday. The state grain office TMO sells quality

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  • Thursday's Rotterdam vegetable oil prices at 1600 GMT. SOYOIL: EU degummed euro tonne fob ex-mill January 2006 475.00 -1.00 February 2006/April 2006 475.00 +2.00 May 2006/July 2006 475.00 +0.00. RAPEOIL: Dutch/EU euro tonne fob ex-mill

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  • Thursday's Rotterdam vegetable oil prices at 1600 GMT. SOYOIL: EU degummed euro tonne fob ex-mill January 2006 475.00 -1.00 February 2006/April 2006 475.00 +2.00 May 2006/July 2006 475.00 +0.00. RAPEOIL: Dutch/EU euro tonne fob ex-mill

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  • Cotton futures reeled in the face of abysmal US cotton sales from fund selling to end Thursday at a one-month low, with operators saying the weak tone may lead to further losses in the days

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    • News Desk
    • Oct 28th, 2005
    • Comments Off on London cocoa market dips on West African hedging

    London cocoa prices flagged on Thursday under light pressure from West African hedging but unease about potential political agitation in Ivory Coast stemmed losses, traders said. The market was warily eyeing Ivory Coast, fearing unrest

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    • News Desk
    • Oct 28th, 2005
    • Comments Off on Copper ends lower in edgy trade, others gain

    London Metal Exchange (LME) three months copper ended slightly lower in price on Thursday, as the market extended a volatile performance of late ahead of options declarations next week, dealers said. The market bounced between

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    • News Desk
    • Oct 28th, 2005
    • Comments Off on Platinum metals surge on fund buying, gold firm

    Platinum group metals scaled new highs in Europe on Thursday with speculative fund buyers showing renewed interest in the precious metals, while gold edged towards a recent multi-year peak. Palladium, used mainly to clean gasoline

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    • News Desk
    • Oct 28th, 2005
    • Comments Off on US MIDDAY: cocoa softer on December contract

    US nearby cocoa futures finished in negative territory Thursday, weighed down as a flood of beans arrive at ports in top cocoa producer Ivory Coast for export, traders said. The New York Board of Trade's

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