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Archive for the January 8, 2017

    • News Desk
    • Jan 8th, 2017
    • Comments Off on India’s sugar output likely to fall in 2016-17

    India's sugar production in 2016/17 is likely to fall to 22 million tonnes, down 4.3 percent from an earlier estimate, as mills in its key producing state are closing early due to a cane shortage,

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    • News Desk
    • Jan 8th, 2017
    • Comments Off on US FOB Gulf corn offers firm on strong demand

    Export premiums for corn shipped from the US Gulf Coast were steady to firm on Thursday, underpinned by strong demand from routine buyers, traders said. Basis offers for vessels loaded in February and March were

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    • News Desk
    • Jan 8th, 2017
    • Comments Off on Ethiopia seeks to buy 720,000 tonnes of wheat

    The Ethiopian government's purchasing agency has issued an international tender to buy 720,000 tonnes of milling wheat, European traders said on Wednesday. The tender deadline is February 3, they said. The wheat can be sourced

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    • News Desk
    • Jan 8th, 2017
    • Comments Off on Asian naphtha inter-month spread turns positive

    Asia's naphtha inter-month spread was at a slight backwardation on Thursday for the first time since December 16, supported by strong demand and traders' expectations of fewer Western cargoes coming to Asia in February. The

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    • News Desk
    • Jan 8th, 2017
    • Comments Off on EU wheat futures rise to six-week high

    Euronext wheat futures edged higher on Thursday to set a six-week high in the wake of a weather-fuelled rally in US wheat but the European market was again capped by a sharp rebound in the

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    • News Desk
    • Jan 8th, 2017
    • Comments Off on Cotton prices soar on slow business

    An upward trend persisted on the cotton market on Saturday in the process of slow business activity, dealers said. The official spot rate picked up Rs 50 to Rs 6350, dealers said. In Sindh, seed

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    • News Desk
    • Jan 8th, 2017
    • Comments Off on Freight rates for large capesize dry cargo likely to stay firm

    Freight rates for large capesize dry cargo ships on key Asian routes are likely to remain firm for at least two more weeks as bad weather conditions in China and Australia help tighten the supply

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    • News Desk
    • Jan 8th, 2017
    • Comments Off on Taiwan buys 65,000 tonnes of US corn

    Taiwan's maize industry procurement association MFIG purchased around 65,000 tonnes of corn thought likely to be sourced from the United States in an international tender which closed on Thursday, European traders said. The corn was

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    • News Desk
    • Jan 8th, 2017
    • Comments Off on Turkmenistan limits natural gas supplies to Iran

    Turkmenistan has limited natural gas supplies to Iran since January 1 over unpaid past deliveries, the Turkmen Foreign Ministry said on Tuesday, a day after Iran said supplies through a cross-border pipeline had been cut

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  • ICE Canadian canola futures settled mostly unchanged on Thursday pressured by a stronger Canadian dollar but underpinned by limited farmer sales. March canola ended unchanged at $503.60 per tonne. Funds liquidated the last of their

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