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Archive for the December 29, 2005

    • News Desk
    • Dec 29th, 2005
    • Comments Off on Middle East Crude-Oman’s premium seen steady

    Traders pondered the next retroactive official selling prices (OSPs) for Middle East benchmark Oman crude as February trade was largely wrapped up, while Abu Dhabi allocations looked set to return to normal for February after

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    • News Desk
    • Dec 29th, 2005
    • Comments Off on Russia’s WBD buys dairy factory in Siberia

    Russia's juice and dairy products producer Wimm-Bill-Dann said on Wednesday it had acquired a 63.53 percent stake of a dairy factory in Siberia for an undisclosed sum. Nazarovskoye Milk, a modernised plant located in the

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    • News Desk
    • Dec 29th, 2005
    • Comments Off on MGE wheat closes higher, following CBOT strength

    Spring wheat futures on the Minneapolis Grain Exchange closed higher on Tuesday, influenced by fund-driven strength in Chicago Board of Trade wheat, traders said. "Minneapolis and Kansas City have been following this short covering in

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    • News Desk
    • Dec 29th, 2005
    • Comments Off on Asia-Pacific crude differentials at strong levels

    Asia-Pacific sweet crude continued to fetch strong premiums as winter spurred higher demand for middle distillates in the face of falling stocks in Japan, traders said on Wednesday. Malaysia's Petronas sold 300,000 barrels of Kidurong

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    • News Desk
    • Dec 29th, 2005
    • Comments Off on Japanese rubber stocks rise to 8,406 tonnes

    Crude rubber stocks held at private Japanese warehouses rose to 8,406 tonnes as of December 20, up slightly from 8,395 tonnes on December 10, an industry body said on Wednesday. Domestic crude rubber stocks, which

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  • US copper futures settled firmer on Tuesday as overnight buy orders boosted prices to new record levels, while a possible contract worker strike at the world's largest copper producer was seen supporting the gains, sources

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    • News Desk
    • Dec 29th, 2005
    • Comments Off on Tokyo gold at two-week high on strong demand

    Tokyo gold futures strengthened to a two-week high on Wednesday as bullish technical prospects convinced fund operators to place new buy positions, with firm dollar-based gold providing additional support. Benchmark Tokyo Commodity Exchange gold futures

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    • News Desk
    • Dec 29th, 2005
    • Comments Off on New York gold higher in light post-Christmas trade

    Gold futures in New York closed higher on Tuesday after a bounce last week from a one-month low paved the way for prices to hold above $500 an ounce heading into year-end, trading sources said.

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    • News Desk
    • Dec 29th, 2005
    • Comments Off on Gold extends gains on fund buying, firm Tokyo

    Gold broke a key resistance of $510 on Wednesday as fund buying intensified after the Tokyo futures extended gains on a weak yen, but some selling on the physical sector could limit gains. Spot gold

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  • Indian gold futures consolidated gains for the second straight day on Wednesday as the yellow metal broke a key resistance level in international markets, while soyaoil prices slipped. February gold on the Mullet Commodities Exchange

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