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Archive for  January 2010

    • News Desk
    • Jan 21st, 2010
    • Comments Off on US Midwest corn and soyabean bids unchanged

    Rising barge freight costs continued to pressure corn and soyabean spot basis bids on Wednesday, with bids elsewhere in the US Midwest mostly unchanged amid slow country movement of both crops. A pickup in barge

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    • News Desk
    • Jan 21st, 2010
    • Comments Off on Russia seen boosting sugar output, imports

    Russia may raise domestic beet sugar output by one-third to over 4.2 million tonnes this year and imports of cane raws by 66 percent to at least 2.4 million tonnes, leading Russian sugar market analysts

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    • News Desk
    • Jan 21st, 2010
    • Comments Off on Dryness in Brazil’s northeast boosts sugar cane quality

    Dry weather in Brazil's northeast has been boosting the quality of cane now being harvested in the region, analysts said, helping compensate for slightly lower cane output in this 2009/10 crop year. They said below-average

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  • Mixed trend was seen on the forward cottonseed oilcake market on Wednesday, dealers said. The January vaida that closed at Rs 971.50 opened with a fall of 10 paisa at Rs 971.60, they said. The

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    • News Desk
    • Jan 21st, 2010
    • Comments Off on Prices on upward march in improved buying on cotton market

    Prices moved up again on the cotton market on Wednesday as mills showed renewed interest in the forward buying, dealers said. The Karachi Cotton Association (KCA) official spot rate was moved upward, raising by Rs

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  • US corn futures closed lower on Tuesday, weighed down by a firm dollar and spillover pressure from last week's bearish USDA January crop report and supply/demand reports. CBOT March down 2-1/4 cents at $3.69-1/4 per

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  • US copper futures ended up over 2 percent on Tuesday, buoyed by expectations of stronger Chinese demand and fresh investment flows into the broader metals complex. COMEX March copper up 8.10 cents, or 2.4 percent,

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  • Shanghai copper fell 1 percent on Wednesday, after China's central bank signalled another move to tighten monetary policy and the dollar gained, but sentiment was still supported by strong China demand outlook. The US dollar

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  • US rice futures on the Chicago Board of Trade fell to a three-month low on Tuesday on a firmer dollar and diminishing concerns about global supply shortages, traders said. But market partially recovered and closed

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  • Thai benchmark RSS3 rubber rose to $3.25 a kg on Wednesday, revisiting a 56-year peak scaled in mid-2008 on gains in Tokyo futures and prospects of demand from tyre makers and Chinese buyers, dealers said.

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