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Archive for the December 28, 2016

  • Oil jumps 1.7 percent, adds to year’s gains ahead of Opec cuts

    • News Desk
    • Dec 28th, 2016
    • Comments Off on Oil jumps 1.7 percent, adds to year’s gains ahead of Opec cuts

    Oil jumped 1.7 percent Tuesday, continuing its year-end rally with support from expectations of tighter supply once the first output cut deal between Opec and non-Opec producers in 15 years takes effect on Sunday. US

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  • Rubber rebounds

    Benchmark Tokyo rubber futures rose on Tuesday, rebounding from a 2-week low hit earlier in the session, as investors covered short positions after the US dollar inched higher against the yen. The Tokyo Commodity Exchange

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  • Rotterdam vegetable oil prices

    The following were Tuesday's Rotterdam vegetable oil prices at 1700 GMT: SOYOIL EU degummed: euro tonne fob ex-mill January 17 850.00 +10.00 February 2017 840.00 +5.00 March 2017 820.00 +0.00 April 2017/October 2017 805.00 +0.00.

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  • Rotterdam vegetable oil prices

    The following were Tuesday's Rotterdam vegetable oil prices at 1700 GMT: SOYOIL EU degummed: euro tonne fob ex-mill January 17 850.00 +10.00 February 2017 840.00 +5.00 March 2017 820.00 +0.00 April 2017/October 2017 805.00 +0.00.

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  • Warm autumn makes European crops fragile to cold snap

    • News Desk
    • Dec 28th, 2016
    • Comments Off on Warm autumn makes European crops fragile to cold snap

    Warmer-than-usual weather conditions in many parts of Europe have left grain crops exposed to damage from a cold spell which could come as soon as this week in eastern Europe, the European Union's crop monitoring

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  • 3,800-year-old potato garden discovered in Canada

    • News Desk
    • Dec 28th, 2016
    • Comments Off on 3,800-year-old potato garden discovered in Canada

    Ancient spuds recently dug up on Canada's Pacific coast are blackened and surely unedible, but are the first proof, say researchers, that North American natives tended gardens at least 3,800 years ago. The excavated potato

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  • Malaysian palm oil gains on slower export decline, stronger soya

    • News Desk
    • Dec 28th, 2016
    • Comments Off on Malaysian palm oil gains on slower export decline, stronger soya

    Malaysian palm oil gained 2.2 percent by the end of Tuesday's trading day, buoyed by data showing a slower decline in exports and improved sentiment for rival oils on Dalian and CBOT. Benchmark palm oil

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  • ICE arabica coffee hits six-month low as investors liquidate

    • News Desk
    • Dec 28th, 2016
    • Comments Off on ICE arabica coffee hits six-month low as investors liquidate

    Arabica coffee on ICE Futures US on Tuesday slipped to its lowest price since late June as investors continued to unwind a bullish bet, while cocoa futures retreated and raw sugar edged higher in thin

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  • Gold ticks higher in Asia in light trade

    • News Desk
    • Dec 28th, 2016
    • Comments Off on Gold ticks higher in Asia in light trade

    Gold prices rose in Asian trade on Tuesday on light buying out of China, but trading was thin after the long Christmas weekend, even as a firm dollar capped the gains. Spot gold was up

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  • US MIDDAY: wheat and corn climb

    US wheat and corn futures climbed to one-week highs on Tuesday and soyabeans also firmed on bargain-buying and short-covering after last week's declines, analysts said. As of 12:05 pm CST (1805 GMT), Chicago Board of

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