Archive for the January 5, 2017
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US natural gas futures on Tuesday dropped over 10 percent, the most in almost three years, on forecasts for temperatures to moderate after a brief cold blast expected this week. Front-month gas futures for February
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The Karachi Port handled 120,762 tonnes of cargo comprising 96,952 tonnes of import cargo and 23,810 tonnes of export cargo including 6,898 loaded and empty containers during the last 24 hours ending at 0700 hours
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Prices moved up on the cotton market on Wednesday in the process of modest trade activity, dealers said. The official spot rate was higher by Rs 50 at Rs 6300, dealers said. In Sindh, seed
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Wheat futures on the Chicago Board of Trade closed lower on Tuesday, retreating from early advances on technical selling and a stronger dollar, which in theory makes US grain less competitive on the world market,
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Tea prices in Bangladesh fell about 2.3 percent at the weekly auction on Tuesday due to large supplies of inferior quality leaf, but sales rose amid tight supplies. Bangladeshi tea fetched an average of 170.56
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ICE cotton futures jumped over 3 percent on Wednesday to hit a near five-month high, amid a weaker dollar. The March cotton contract on ICE Futures US touched a session high of 74.23 cents per
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The most-traded copper contract on the Shanghai Futures Exchange dropped 1.1 percent to 45,520 yuan ($6,545) a tonne on Wednesday as the US dollar lost some of its steam. The dollar moved back towards a
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Copper rose on Wednesday as the dollar retreated from a 14-year high and Chinese plans to add 2,100 km (746 miles) of track to its railway network this year bolstered demand expectations. Benchmark copper on
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Oil prices ticked higher on Wednesday on expectations that US crude inventories have dropped and on signs that the world's top oil exporters will stick to agreed output cuts that took effect this week. Global
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Benchmark Tokyo rubber futures closed 3.6 percent higher on Wednesday in the first trading session of this year, as a weaker yen and strength in Japanese equities helped improve market sentiment. Earlier in the session,
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