On Tuesday, at Pakistan Mercantile Exchange Limited, PMEX Commodity Index closed at 2,957. The total traded value of Metals, Energy and COTS/FX was recorded at PKR 2.667 billion and the number of lots traded was

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Palm oil prices on the European vegetable oils market gained on Tuesday on stronger soyaoil prices and following Malaysian palm oil futures up, on stronger exports during April. Asking prices for palm oil were between

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European wheat futures in Paris rose on Tuesday to their highest in almost two months, tracking the US market which had jumped on concerns that bad weather could damage crops. Gains were capped though by

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Hot weather and insufficient rainfall last week in top grower Ivory Coast's eastern cocoa regions are feeding concerns of a poor April-to-September mid-crop harvest there, farmers said on Tuesday. In the eastern region of Abengourou,

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Chinese steel futures climbed to their highest in almost a month on Tuesday, supported by restocking demand following a long holiday weekend that also lifted raw material iron ore. Chinese markets along with other Asian

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The Karachi Port handled 140,938 tonnes of cargo comprising 134,776 tonnes of import cargo and 6,162 tonnes of export cargo including NA loaded and empty containers during the last 24 hours ending at 0700 hours

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Prices maintained firmness on the cotton market on Wednesday amid slow trading activity, dealers said. The official spot rate was unchanged at Rs 6700, they said. Only one deal of 400 bales of cotton from

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Asia's naphtha cracks for second-half June hit $60.38 a tonne on Tuesday, the lowest front-month value since December 14 while the gasoline crack fell to a nearly two-month low of $8.70 a barrel as heavy

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Egyptian private-sector activity shrank at the slowest pace in nine months in April as output and new orders continued to decline, a survey showed on Wednesday. The Emirates NBD Egypt Purchasing Managers' Index (PMI) for

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Growth in Saudi Arabia's non-oil private sector edged up in April as expansion of output and new orders accelerated, although employment growth was sluggish, a survey of companies showed on Wednesday. The seasonally adjusted Emirates

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