Archive for the December 30, 2005
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Despite record mills consumption in Pakistan envisged to be as high as 16 million bales of domestic size (165 kgs/170 kgs) this year (2005-06) cotton prices have mostly maintained an easy _expression. Ginners are said
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Sales at chain stores rose in the week before Christmas, retailers said on Wednesday, with last-minute shoppers and the late Hanukkah holiday boosting the bottom line. However, some retailers said most transactions took place on
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Spring wheat futures on the Minneapolis Grain Exchange closed higher on Wednesday on technical fund buying and momentum from the fund-driven rallies in the Chicago and Kansas City wheat markets, traders said. "Kansas City supported
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US coffee futures edged up on Wednesday, with follow-through speculative buying and limited origin sales extending the benchmark contract's 7-week high reached in the previous session, market sources said. The New York Board of Trade's
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US benchmark cocoa futures finished up 1.6 percent on Wednesday, lifted by speculative buying and a lack of producer sales in an otherwise quiet trading session, market sources said. The New York Board of Trade's
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US copper futures managed to eke out a modest gain at the close on Wednesday as speculators bought the market on the dip while paying little attention to news of a possible strike at Chile's
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Tokyo gold futures extended gains on Thursday to the highest level in more than two weeks, buoyed by a weaker yen against the dollar and positive fundamental and technical signals for the yellow metal, brokers
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Gold futures in New York rallied to a two-week high on Wednesday, powered by fund and investor buying due to upbeat technical and fundamental signals for the metal heading into 2006, traders and analysts said.
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Gold rose a further $3 an ounce on Thursday despite a rise in the dollar as investors bet that bullion's recent strength would continue as the year drew to a close. Spot gold at $516.50/$517.25
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Shanghai copper futures slid on Thursday as investors cashed out of a week-long rally during which contracts hit repeated record highs, offsetting the impact of gains on the London Metal Exchange. Shanghai's most active March
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