Archive for the February 20, 2018
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Asia's naphtha crack for first-half April at $72.87 a tonne on Monday reflected a 7 percent fall from the previous session as demand was limited due to the ongoing Lunar New Year festival in China
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US natural gas speculators cut their net long positions for a second week in a row, betting prices will decline as supplies remain adequate with output near record highs and forecasts for near seasonal weather
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Paris wheat futures were little changed on Friday as Chicago markets consolidated after a weather-fuelled rally this week and a new high for the euro underlined poor export prospects. May milling wheat on Paris-based Euronext
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Chicago Board of Trade corn futures eased on Friday as the market ran into technical resistance near the six-month high hit in the previous session. Losses were kept in check by strong export demand. The
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Hot weather and below-average rainfall in most of Ivory Coast's cocoa-growing regions last week raised concerns about the quality of the April-to-March mid-crop, farmers said on Monday. The world's top cocoa producer is the midst
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Physical gold was sold at a discount in India this week for the first time in three weeks as demand for the metal slumped due to a jump in local rates, while the Lunar New
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Declining trend in both the global and local markets pushed the rates down on the cotton market on Monday in the process of trading, dealers said. The official spot rate was lower by Rs 100
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On Friday at Pakistan Mercantile Exchange Limited, PMEX Commodity Index closed at 3,239. The traded value of Metals, Energy and COTS/FX was recorded at PKR 4.898 billion and the number of lots traded was 7,364.
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Russian wheat prices rose sharply last week, supported by higher global benchmarks as Chicago wheat prices touched a six-month peak and helped by strong demand for Black Sea wheat in Asia, analysts said on Monday.
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Nickel ore output in the Philippines, the world's top supplier, dropped 6 percent last year as several mines were under maintenance or temporarily closed due to environmental issues, the mines bureau said on Monday. Thirteen
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