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Archive for  December 2012

  • Coffee prices in India continued to decline at this week's auction on lack of buying by exporters and on selective purchases by local traders, auctioneer J. Thomas & Co said in a statement on Friday.

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  • ICE Canadian canola futures dipped on Friday for the first time in five sessions, with investors taking profits, but they notched their biggest weekly gain in three months. Canola's weakness reflected a selloff in Chicago

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    • News Desk
    • Dec 2nd, 2012
    • Comments Off on Wheat export premiums steady at US Gulf Coast

    Soft red winter wheat export premiums at the US Gulf Coast held mostly steady on Friday amid hopes that top importer Egypt would buy the US-origin grain in an international tender closing on Saturday, traders

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    • News Desk
    • Dec 2nd, 2012
    • Comments Off on European wheat prices rise after Algeria’s purchase

    European wheat prices edged higher on Thursday after news that Algeria had bought up to 375,000 tonnes of wheat, likely French, in its latest tender in another sign of good demand for EU wheat. On

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    • News Desk
    • Dec 2nd, 2012
    • Comments Off on Activity at Karachi and Qasim ports

    The Karachi Port handled 119,092 tonnes of cargo comprising 91,272 tonnes of import cargo and 27,820 tonnes of export cargo including 6,348 loaded & empty containers during the last 24 hours ended at 0700 hours

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  • Indian sugar futures were steady on Friday as subdued demand and higher supplies for the December-to-March period outweighed a delay in cane crushing in Uttar Pradesh, the country's second biggest sugar producing state. At 0946

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  • Firmness prevailed on the wholesale grain market on Saturday as most of the commodity items held the previous levels due to steady arrival and less buying interest by consumers due to persistent rise in prices,

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    • News Desk
    • Dec 2nd, 2012
    • Comments Off on Citigroup layoffs target declining stock-trading business

    One-third of the 150 employees fired in Citigroup's investment bank this week were in the cash equities unit, which had been struggling with an industrywide decline in trading volumes, two people familiar with the layoffs

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    • News Desk
    • Dec 2nd, 2012
    • Comments Off on Citigroup layoffs target declining stock-trading business

    One-third of the 150 employees fired in Citigroup's investment bank this week were in the cash equities unit, which had been struggling with an industrywide decline in trading volumes, two people familiar with the layoffs

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    • News Desk
    • Dec 2nd, 2012
    • Comments Off on TAQA buys 53.2 percent stake in Iraqi Kurdish oil block

    Abu Dhabi National Energy Co (TAQA) has bought a 53.2 percent operating interest in an oil block in Iraqi Kurdistan from General Exploration Partners (GEP), the company said in a statement. GEP is a joint

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