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Archive for the May 6, 2017

    • News Desk
    • May 6th, 2017
    • Comments Off on British PM boosted by local elections ahead of key vote

    Theresa May's Conservatives made significant gains Friday in Britain's local elections, handing the prime minister a boost ahead of next month's Brexit-dominated parliamentary polls. Results, albeit on low turnouts, showed the governing Conservatives dealing heavy

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  • The following were Friday's Rotterdam vegetable oil prices at 1600 GMT: SOYOIL EU degummed: euro tonne fob exmill May 2017 755.00 +5.00 June 2017 745.00 +5.00 July 2017 735.00 +0.00 August 2017/October 2017 725.00 +0.00

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  • The following were Friday's Rotterdam vegetable oil prices at 1600 GMT: SOYOIL EU degummed: euro tonne fob exmill May 2017 755.00 +5.00 June 2017 745.00 +5.00 July 2017 735.00 +0.00 August 2017/October 2017 725.00 +0.00

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    • News Desk
    • May 6th, 2017
    • Comments Off on Copper bounces on Peru strike threat

    Copper recovered on Friday from a five-month low as mine workers in Peru considered launching a new strike and some investors regarded the lower prices as good value. Copper had touched a five-month low on

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  • Gold rose on Friday as investors took refuge in the safe-haven bullion as stock prices tumbled on the back of sliding oil and iron ore prices, but the yellow metal was on track for its

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    • News Desk
    • May 6th, 2017
    • Comments Off on Gold little changed in European trade

    Gold pared gains on Friday after data showed US job growth rebounded in April and stayed on track for its biggest weekly loss in six months as expectations for a US interest rate hike in

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  • US soyabean futures rose on Friday to their highest in six weeks, supported by a rally in the soyaoil market as well as concerns that some of the recently seeded crop in southern growing areas

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  • Gold pared gains on Friday after data showed US job growth rebounded in April and stayed on track for its biggest weekly loss in six months as expectations for a US interest rate hike in

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  • ICE cotton futures shed over 1 percent on Friday due to favorable weather conditions in major producing areas and fund-selling, posting a second straight weekly decline. "There is no new information about demand to compensate

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    • News Desk
    • May 6th, 2017
    • Comments Off on Oil rebounds on Saudi assurances Russia will extend supply cuts

    Oil prices closed 1.5 percent higher on Friday, rebounding from five-month lows, following positive US jobs data and assurances by Saudi Arabia that Russia is ready to join OPEC in extending supply cuts to reduce

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