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Archive for  December 2012

    • News Desk
    • Dec 28th, 2012
    • Comments Off on Iranian president sacks cabinet’s sole woman

    Iranian President Mahmoud Ahmadinejad has sacked Health Minister Marzieh Vahid Dastjerdi, the sole woman in his cabinet, state television reported on Thursday. The minister had proposed price hikes for a number of medicines due to

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  • The most-traded April copper contract on the Shanghai Futures Exchange closed up 0.7 percent to 57,550 yuan ($9,200) a tonne on Thursday. SHFE, China's only metals futures exchange, plans to open up to foreign institutions

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  • Copper rose to a one-week high in thin trade on Thursday, rebounding from falls in the previous session, as encouraging data from China reinforced signs of a recovery in the economy of the world's top

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    • News Desk
    • Dec 28th, 2012
    • Comments Off on Oil pulls back on US budget impasse worries

    Oil prices eased in choppy trading Thursday as unresolved US budget talks left open the possibility that looming mandated tax hikes and spending cuts could push the top oil-consuming economy into recession. Brent and US

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    • News Desk
    • Dec 28th, 2012
    • Comments Off on New York cotton hits three-month high; pierces long-term resistance

    Cotton pierced a long-term technical resistance to hit a fresh three-month high on Wednesday as speculative and light mill buying helped fuel a year-end rally. Cotton rose for a third straight session and the most-active

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  • Key Tokyo rubber futures rose for a fourth day in a row on Thursday, clearing 300 yen in a rally helped by speculation over buying by China early next year while rubber producers have agreed

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  • Thursday's Rotterdam vegetable oil prices at 1700 GMT. SOYOIL EU degummed: euro tonne fob ex-mill unquoted. RAPEOIL Dutch/EU: euro tonne fob ex-mill February 2013/April 2013 893.00 May 2013/July 2013 893.00 -7.00 August 2013/October 2013 885.00

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  • Thursday's Rotterdam vegetable oil prices at 1700 GMT. SOYOIL EU degummed: euro tonne fob ex-mill unquoted. RAPEOIL Dutch/EU: euro tonne fob ex-mill February 2013/April 2013 893.00 May 2013/July 2013 893.00 -7.00 August 2013/October 2013 885.00

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  • US wheat futures fell 2 percent and hit a six-month low on Wednesday in light technical trading, pressured by end-of-year positioning and a lack off export demand, traders said Corn and soybeans also sagged in

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  • Malaysian palm oil futures climbed to a five-week high on Thursday on expectations for stronger demand and as monsoon-driven floods in the country's key producing regions sparked concerns of supply disruptions. Malaysian crude palm oil

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