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Archive for  December 2012

  • India's state-run Coffee Board on Friday cut the country's coffee output estimate to 315,500 tonnes for the crop year to September 2013, down 3 percent from an earlier projection, which could further dent exports. "The

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  • ICE Canadian canola futures mostly rose on Thursday after a two-day break for the holidays, lifted by short-covering, traders said. ICE Futures Canada was closed for holidays on Tuesday and Wednesday, one day longer than

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    • News Desk
    • Dec 29th, 2012
    • Comments Off on US Midwest corn, soyabean bids steady

    Spot basis bids for corn and soyabeans were steady around the US Midwest on Thursday as seasonally slow country offerings were offset by the limited demand for the commodities from processors, elevators and exporters, dealers

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  • European wheat futures fell 2.5 percent on Thursday after a two-and-half-day Christmas break, following a drop in Chicago and pressured by year-end fund liquidation. The rise of the euro against the dollar as euro zone

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  • The Karachi Port handled 60,383 tonnes of cargo comprising 38,881 tonnes of import cargo and 21,502 tonnes of export cargo including 2,773 loaded & empty containers during the last 24 hours ended at 0700 hours

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    • News Desk
    • Dec 29th, 2012
    • Comments Off on Subdued business on cotton market amid protest by mills

    Trading activity slowed down on the cotton market on Friday as leading mills and spinners were busy in demonstrating in Lahore and Faisalabad owing to shortage of electricity and gas, dealers said. Official spot rate

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  • Warehouse deliveries of cocoa from Brazil's main growing regions and from imports were up 28 percent from May 1 to December 23 compared with the same period last year, Bahia Commercial Association data showed. Bahia-based

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  • Italian borrowing rates rose slightly in a short-term debt auction that raised 8.5 billion euros ($11.27 billion) on Thursday, as investors braced for two months of political uncertainty ahead of a general election in February.

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  • Italian borrowing rates rose slightly in a short-term debt auction that raised 8.5 billion euros ($11.27 billion) on Thursday, as investors braced for two months of political uncertainty ahead of a general election in February.

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    • News Desk
    • Dec 29th, 2012
    • Comments Off on Toshiba to sell 16 percent stake in Westinghouse

    Japan's Toshiba is in talks with three parties about selling a stake of up to 16 percent in US nuclear power plant builder Westinghouse Electric, a report said Thursday. Toshiba, which currently owns 67 percent

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