Archive for the January 7, 2017
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On Thursday, at Pakistan Mercantile Exchange Limited, PMEX Commodity Index closed at 3,104. The total traded value of Metals, Energy and COTS/FX was recorded at PKR 5.44 billion and the number of lots traded was
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Chicago Board of Trade soft red winter wheat futures rose 2.8 percent on Wednesday, closing near session highs as technical buyers stepped into the market after prices rallied through key resistance points. The wheat market
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Export premiums for corn, soyabeans and wheat shipped from the US Gulf Coast were about unchanged on Wednesday amid relatively routine demand and sufficient supplies, traders said. Top soya importer China inquired about a cargo
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US natural gas futures slipped to a fresh two-week low on Wednesday on steady warmer-than-normal forecasts for the next two weeks after plunging more than 10 percent on Tuesday. Front-month gas futures for February delivery
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The Karachi Port handled 181,014 tonnes of cargo comprising 151,054 tonnes of import cargo and 29,960 tonnes of export cargo including 5,897 loaded and empty containers during the last 24 hours ending at 0700 hours
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Rates were firm on the cotton market on Friday in the process of restricted buying by mills and spinners, dealers said. The official spot rate was unchanged at Rs 6300, dealers said. In Sindh, seed
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ICE Canadian canola futures climbed on Wednesday, bouncing off a 2-1/2-month low on spillover support from US soybeans and soyoil. March canola added $3.50 at $503.60 per tonne dipped earlier as low as $497.10, the
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Spot basis bids for corn were up 1-2 cents per bushel at rail markets in the eastern half of the US Midwest on Wednesday as a slow pace of farmer sales left supplies tight for
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ICE cotton futures hit a near-five month high on Thursday before settling marginally lower, pulled down by a bout of profit-taking. The March cotton contract on ICE Futures US breached the key 75 cent level
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The most-traded copper contract on the Shanghai Futures Exchange (ShFE) was down 1.09 percent at 45,350 yuan ($6,539) a tonne on Friday. Shanghai aluminium was down 1 percent at 12,510 yuan, while ShFE zinc lost
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