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Archive for  December 2012

    • News Desk
    • Dec 1st, 2012
    • Comments Off on Metro sells some hypermarket operations to Auchan

    German retailer Metro AG is selling some hypermarket operations in eastern Europe to French rival Auchan in a 1.1 billion euro ($1.4 billion) deal that will help it cut debt and focus on core activities.

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    • News Desk
    • Dec 1st, 2012
    • Comments Off on World Bank to study China urbanisation

    The World Bank is to launch a joint study with Beijing on urbanisation in China, one of the great human migrations of modern times, it said Friday. Chinese cities have expanded rapidly in number and

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    • News Desk
    • Dec 1st, 2012
    • Comments Off on New York cotton off highs after disappointing sales data

    US cotton futures came off one-month highs on Thursday as early speculative buying that had boosted the commodity market petered out after disappointing US export sales data, traders said. Fibre prices had rallied to near

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  • The most-traded March copper contract on the Shanghai Futures Exchange rallied 1.6 percent to finish at 57,360 yuan ($9,200) a tonne on Friday, its highest since October 25. Copyright Reuters, 2012

  • Copper rose to its highest level in more than five weeks on Friday, supported by a weak dollar and growing confidence in the economic outlook for top consumer China, with prices on track to post

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    • News Desk
    • Dec 1st, 2012
    • Comments Off on Oil posts first monthly rise since August

    Oil rose on Friday, notching its first monthly gain since August, as the market continued to balance risks to demand from the US budget stand-off against concerns about disruption to Middle East supplies. International benchmark

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    • News Desk
    • Dec 1st, 2012
    • Comments Off on Tokyo rubber futures up 1.2 percent

    Key TOCOM rubber futures ended 1.2 percent higher on Friday as yen's fall against the dollar improved sentiment, but prospects of sluggish demand kept prices in check. "The market barely moved, although buying from some

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  • Friday's Rotterdam vegetable oil prices at 1700 GMT. SOYOIL EU degummed: euro tonne fob ex-mill February 2013/April 2013 898.00 -17.00 May 2013/July 2013 890.00 -10.00. RAPEOIL Dutch/EU: euro tonne fob ex-mill February 2013/April 2013 920.00

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  • Friday's Rotterdam vegetable oil prices at 1700 GMT. SOYOIL EU degummed: euro tonne fob ex-mill February 2013/April 2013 898.00 -17.00 May 2013/July 2013 890.00 -10.00. RAPEOIL Dutch/EU: euro tonne fob ex-mill February 2013/April 2013 920.00

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  • US soybeans rose to a three-week high on Thursday, bolstered by strong soya product exports and forecasts for continued wet weather during the planting season in Argentina. Wheat futures were lower for the first time

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