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Archive for the December 30, 2016

  • Indian soyaoil futures rose on Tuesday, tracking gains in Malaysian palm oil and other overseas markets. The Dalian soyabean oil contract for May rose 1.8 percent, while the March soyabean oil contract on the Chicago

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  • On Wednesday at Pakistan Mercantile Exchange Limited, PMEX Commodity Index closed at 3,054. The total traded value of Metals, Energy and COTS/FX was recorded at PKR 2.40 billion and the number of lots traded was

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  • Wheat futures on the Chicago Board of Trade reached a one-week high on Tuesday on technical buying that included short-covering by funds, traders said. CBOT March wheat settled up 16 cents at $4.09-1/2 per bushel

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    • News Desk
    • Dec 30th, 2016
    • Comments Off on Activities at Karachi and Qasim ports

    The Karachi Port handled 57,124 tonnes of cargo comprising 53,690 tonnes of import cargo and 3,434 tonnes of export cargo including 1,183 loaded and empty containers during the last 24 hours ending at 0700 hours

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  • Prices recovered modestly on the cotton market on Thursday amid restricted buying by spinners and mills, dealers said. The official spot rate recovered Rs 50 to Rs 6250, dealers said. In Sindh, seed cotton prices

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  • Cash basis bids for hard red winter (HRW) wheat held steady on Tuesday in the southern US Plains and farmer selling remained quiet, despite a bounce in K.C. wheat futures, dealers said. Dry conditions were

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  • Domestic cotton prices are generally steady as mills pick up better quality of cotton as the calendar year is approaching into an end. There is anticipation that after the current seasonal holidays, mills will buy

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  • Domestic cotton prices are generally steady as mills pick up better quality of cotton as the calendar year is approaching into an end. There is anticipation that after the current seasonal holidays, mills will buy

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    • News Desk
    • Dec 30th, 2016
    • Comments Off on Economists cut 2016, 2017 Singapore growth forecasts

    Economists cut their forecasts for Singapore's growth this year as the outlooks for exports and the financial sector were revised down, and also lowered their expectations for growth and core inflation in 2017, a central

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    • News Desk
    • Dec 30th, 2016
    • Comments Off on Mexico to raise gas price by 20 percent

    Mexico announced double-digit price increases Tuesday for gasoline and diesel, its latest move to deregulate the energy sector and open the key oil industry to private investment and foreign competition. From the first of the

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