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Archive for  December 2012

    • News Desk
    • Dec 27th, 2012
    • Comments Off on Commodity titan Armajaro set for cotton move

    Soft commodity giant Armajaro Trading Ltd is expanding its presence in cotton with plans to buy medium-sized UK-based Plexus Cotton Ltd, sources familiar with the situation said. Final details of the transaction are still being

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  • Peru will nearly double its copper output in the next two years and will not give up on a $5 billion project by Newmont Mining that has stalled due to community opposition, its mines and

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    • News Desk
    • Dec 27th, 2012
    • Comments Off on Oil jumps in thin trade, US crude near 10-week high

    Oil prices jumped by the most in weeks on Wednesday, with US crude reaching its highest in more than two months as technical buying and signs of speedier efforts to avert a US fiscal crisis

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    • News Desk
    • Dec 27th, 2012
    • Comments Off on India’s gold demand rises on price fall

    Gold demand in India, the world's biggest buyer of the metal, rose on Wednesday as prices eased following a drop in the world market and on a firm rupee. The actively traded gold contract for

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    • News Desk
    • Dec 27th, 2012
    • Comments Off on Tokyo rubber futures hit 7-1/2 months high

    Benchmark Tokyo rubber futures rose for a third day on Wednesday, gaining 1.3 percent to their highest level in more than seven-and-a-half months, continuing to get support from a weaker yen on expectations of further

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    • News Desk
    • Dec 27th, 2012
    • Comments Off on 115,000 tones of soybeans sold to China: USDA

    USDA said on Wednesday that private exporters had reported 115,000 tonnes of soybeans sold to China and a further 108,000 tonnes of soybeans sold to unknown destinations for the 2012/13 marketing year. The marketing year

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  • Indonesia, the world's top palm oil producer, reduced its export tax on crude palm oil to 7.5 percent for January from 9 percent in December, an official at the Trade Ministry said on Wednesday. Indonesia

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  • Indonesia, the world's top palm oil producer, reduced its export tax on crude palm oil to 7.5 percent for January from 9 percent in December, an official at the Trade Ministry said on Wednesday. Indonesia

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    • News Desk
    • Dec 27th, 2012
    • Comments Off on US Midwest corn and soya bids quietly steady

    Corn and soyabean spot basis bids held steady around the US Midwest in an abbreviated trading session on Monday, with little market activity ahead of Tuesday's Christmas holiday, grain merchants said. Some processors and elevators

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  • Cash basis bids for hard red winter wheat in the southern US Plains mostly held steady on Wednesday and farmer selling was at a near standstill one day after the Christmas holiday, dealers said. The

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