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Archive for the May 17, 2017

  • On Monday at Pakistan Mercantile Exchange Limited, PMEX Commodity Index closed at 2,978. The total traded value of Metals, Energy and COTS/FX was recorded at PKR 2.958 billion and the number of lots traded was

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    • News Desk
    • May 17th, 2017
    • Comments Off on CBOT wheat futures fall to three-week low

    Chicago Board of Trade wheat futures fell about 2 percent to a near three-week low on Monday on technical selling along with plentiful global supplies, traders said. CBOT July wheat settled down 9-1/2 cents, or

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    • News Desk
    • May 17th, 2017
    • Comments Off on European wheat prices down on strong euro

    European wheat prices weakened on Monday, tracking a fall in Chicago prices and following a rise in the euro's exchange rate against the dollar, although trading volume was light. Benchmark December milling wheat on Paris-based

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    • News Desk
    • May 17th, 2017
    • Comments Off on Russian wheat prices stable on stronger rouble

    Russian wheat prices were broadly stable last week as the rouble rose against the dollar and Turkey restored purchases of Russia's upcoming new crop of wheat, balancing pressure from high stocks and good prospects for

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    • News Desk
    • May 17th, 2017
    • Comments Off on Activities at Karachi and Qasim ports

    The Karachi Port handled 167,131 tonnes of cargo comprising 165,352 tonnes of import cargo and 1,779 tonnes of export cargo including 2,565 loaded and empty containers during the last 24 hours ending at 0700 hours

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    • News Desk
    • May 17th, 2017
    • Comments Off on Cotton prices firm on motivating factors

    Some triggering factors helped prices to maintain overnight levels on the cotton market on Tuesday, dealers said. The official spot rate was unchanged at Rs 6700, they said. In ready session, approximately 2000 bales of

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    • News Desk
    • May 17th, 2017
    • Comments Off on US FOB Gulf soya offers mostly steady

    Export premiums for soyabeans shipped from the US Gulf Coast were mostly steady with a firm tone on Monday, underpinned by higher CIF barge basis values and rising prices in Brazil, traders said. Slow farmer

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    • News Desk
    • May 17th, 2017
    • Comments Off on Top Mexican miners owe $180 million in 2015 royalties

    Top Mexican miners Grupo Mexico, Penoles, Fresnillo and billionaire Carlos Slim's Frisco together owe nearly $180 million in mining royalties to Mexico for 2015, according to preliminary government figures seen by Reuters. The documents, which

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    • News Desk
    • May 17th, 2017
    • Comments Off on Brazilian payrolls rise in April in sign of economic recovery

    Brazil added a net 59,856 payroll jobs in April, its labor ministry said on Tuesday, marking the second month of job creation this year as the economy starts to slowly emerge from its deepest recession

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    • News Desk
    • May 17th, 2017
    • Comments Off on Norway’s economic recovery gathers pace

    Norway's recovering economy grew faster than anticipated in the first part of 2017 and consumer confidence has hit a two-and-a-half year high, data showed on Tuesday, boosting the crown currency and making an interest rate

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