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Archive for the May 16, 2017

  • Rotterdam vegetable oil prices

    The following were Monday's Rotterdam vegetable oil prices at 1600 GMT: SOYOIL EU degummed: euro tonne fob exmill May 2017 760.00 June 2017 745.00 -5.00 July 2017 740.00 -5.00 August 2017/October 2017 725.00 -10.00 November

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  • Zambia lifts maize export ban

    Zambia lifted a ban on maize exports after its production of the grain rose to 3.61 million tonnes in 2016/2017 from 2.87 million tonnes the previous season, its minister of agriculture said. Dora Siliya also

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  • Palm oil buoyed by export numbers, rides on soyaoil

    • News Desk
    • May 16th, 2017
    • Comments Off on Palm oil buoyed by export numbers, rides on soyaoil

    Malaysian palm oil futures climbed on Monday as market sentiment rose alongside higher exports figures ahead of festivities, and firm soyaoil prices provided support. The benchmark palm oil contract for July delivery on the Bursa

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  • Cocoa at five-week top on Ivory Coast conflict; sugar firms

    • News Desk
    • May 16th, 2017
    • Comments Off on Cocoa at five-week top on Ivory Coast conflict; sugar firms

    Cocoa futures on ICE extended a rally to five-week highs on Monday, as a four-day army mutiny in top producer Ivory Coast triggered a wave of short-covering, dealers said. Raw sugar futures were also higher,

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  • Gold up in Asia

    Gold prices edged higher on Monday as weaker-than-expected economic data from the US and a missile test by North Korea over the weekend pressured the dollar. Spot gold was up 0.3 percent at $1,232.45 per

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  • Gold soars in Europe

    Gold rose as US political turmoil, a missile test by North Korea and a worldwide cyber attack fuelled demand for safe-haven assets, while weaker than expected US data pushed the dollar lower, making gold cheaper

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  • US MIDDAY: wheat down

    US wheat futures fell more than 2 percent on Monday on chart-based selling, abundant global supplies and seasonal pressure from the approach of harvest, analysts said. Corn futures followed wheat lower. Soyabeans were firmer, but

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  • US MIDDAY: gold rises

    Gold rose as US political turmoil, a missile test by North Korea and a worldwide cyber attack fuelled demand for safe-haven assets, while weaker than expected US data pushed the dollar lower, making gold cheaper

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  • Oil rises two percent after Saudi Arabia and Russia back longer supply cut

    • News Desk
    • May 16th, 2017
    • Comments Off on Oil rises two percent after Saudi Arabia and Russia back longer supply cut

    Oil jumped 2 percent to its highest in more than three weeks on Monday, topping $52 a barrel after Saudi Arabia and Russia said that supply cuts need to last into 2018, a step towards

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  • Supreme Court acquits death row convict for lack of evidence

    • News Desk
    • May 16th, 2017
    • Comments Off on Supreme Court acquits death row convict for lack of evidence

    The Supreme Court on Monday acquitted Amjad Ali a death row convict giving him the benefit of doubt. The convict Amjad Ali was accused in killing of one Arshad Ali of Sheikhupura in 2006. A

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