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Archive for the May 16, 2017

    • News Desk
    • May 16th, 2017
    • Comments Off on Palm oil eases on European vegoils market

    Palm oil on the European vegetable oils market eased on Friday due to profit taking in Malaysian palm oil futures following recent gains. Asking prices for palm oil were mostly between unchanged and $12.50 a

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  • Brazil exported 1.86 million 60-kg bags of green coffee in April, a 14.5 percent drop from a year earlier, on low supplies before the next crop hits the market, exporters association Cecaf said on Wednesday.

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    • News Desk
    • May 16th, 2017
    • Comments Off on CBOT wheat futures lower on technical selling

    Chicago Board of Trade July wheat futures closed lower on Friday after a choppy session amid technical selling and plentiful global supplies, traders said. CBOT July wheat settled down 1 cent at $4.32-3/4 a bushel.

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    • News Desk
    • May 16th, 2017
    • Comments Off on US FOB Gulf corn offers weaker on light demand

    Export premiums for corn shipped from the US Gulf Coast were mostly steady to lower on Friday on light demand and ample supplies, with an accelerating South American harvest pressuring near-term cargoes, traders said. FOB

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    • News Desk
    • May 16th, 2017
    • Comments Off on Chinese iron ore futures fall to four-month lows

    Chinese iron ore futures dropped to near four-month lows on Friday and posted their seventh weekly loss out of eight, weighed down by concerns over weak demand in the world's top consumer. Slower than expected

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    • News Desk
    • May 16th, 2017
    • Comments Off on US natural gas futures up in 2017 on lower output

    US natural gas futures closed at their highest so far this year on a string of bullish news, including a small stock build, possible pipeline delays, low production and a deal to boost liquefied natural

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    • News Desk
    • May 16th, 2017
    • Comments Off on European wheat futures little changed

    European wheat futures were little changed on Friday amid a lull in export demand and with traders waiting for clearer signs about prospects for this summer's harvest. December milling wheat on the Paris-based Euronext exchange

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    • News Desk
    • May 16th, 2017
    • Comments Off on Cotton market: Volume of business rises ahead of Ramazan

    Trade activity picked up on the cotton market on Monday in the process of trading, dealers said. The official spot rate was unchanged at Rs 6700, they said. In ready session, over 7000 bales of

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  • On Friday at Pakistan Mercantile Exchange Limited, PMEX Commodity Index closed at 2,950. The total traded value of Metals, Energy and COTS/FX was recorded at PKR 2.603 billion and the number of lots traded was

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    • News Desk
    • May 16th, 2017
    • Comments Off on CBOT soyabeans futures fall on technical selling

    Soyabean futures on the Chicago Board of Trade fell Friday on technical selling and a private forecast for US soya plantings that topped the US Department of Agriculture's projection, analysts said. CBOT July soyabeans settled

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