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Archive for  December 2012

    • News Desk
    • Dec 5th, 2012
    • Comments Off on 20,000 children work in Madagascar vanilla production

    Around 20,000 children aged 12 to 17 are working in the lucrative production of vanilla in Madagascar, the International Labour Organisation said on Tuesday. "We have studied the northern region of Sava since 2009 and

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    • News Desk
    • Dec 5th, 2012
    • Comments Off on New York cotton hits six-week high

    US cotton futures hit their highest levels in almost six weeks on Monday on speculative buying and a weaker dollar but pared gains late in the day on technical selling. Prices rose almost 1 percent

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    • News Desk
    • Dec 5th, 2012
    • Comments Off on Standard Chartered to bulk up commodities business

    Standard Chartered aims to double revenue from its commodities business in the next four years, tapping its substantial emerging markets client base to strengthen its hand and opening a new trading office in China. In

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  • The most-traded copper contract for March delivery on the Shanghai Futures Exchange closed half a percent lower at 57,280 yuan ($9,200) a tonne on Tuesday. Copper stocks in China's bonded warehouses hit a record high

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  • Copper edged higher on Tuesday, touching another six-week high on optimism that top copper consumer China is on the road to recovery, but concern over US economic and fiscal issues kept gains in check. Benchmark

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    • News Desk
    • Dec 5th, 2012
    • Comments Off on Oil falls on US budget, fuel demand concerns

    Oil prices fell on Tuesday, as concerns about the US budget crisis and global fuel demand outweighed ongoing worries about instability in the Middle East. Markets have been on edge for weeks about whether US

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  • Tokyo rubber futures slipped lower on Tuesday, weighed by weaker oil prices and concerns over falling demand amid uncertainty about US economy and its fiscal uncertainty, dealers said. The benchmark rubber contract on the Tokyo

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  • Tuesday's Rotterdam vegetable oil prices at 1700 GMT. SOYOIL EU degummed: euro tonne fob ex-mill December 2012 910.00 January 2013 897.00 -3.00 February 2013/April 2013 900.00 -2.00 May 2013/July 2013 895.00 +0.00. RAPEOIL Dutch/EU: euro

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  • Tuesday's Rotterdam vegetable oil prices at 1700 GMT. SOYOIL EU degummed: euro tonne fob ex-mill December 2012 910.00 January 2013 897.00 -3.00 February 2013/April 2013 900.00 -2.00 May 2013/July 2013 895.00 +0.00. RAPEOIL Dutch/EU: euro

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  • US soyabean futures hit a three-week high on Monday as adverse weather threatened production in Argentina and southern Brazil, two of the world's top suppliers, but prices later slipped on spillover pressure from sinking corn

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