Archive for the January 7, 2018
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Palm oil on the European vegetable oils market eased on Thursday, in line with a technical correction in Malaysian palm oil futures following Wednesday's rally on expectations for improved demand. Asking prices for palm oil
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Major Asian coffee markets saw little activity this week as trade resumed after the New Year holidays, while Indonesian exports declined for a fourth straight month in December. Shipment of coffee beans from Lampung province,
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Cash premiums for soyabeans delivered by barge to US Gulf Coast export terminals in the near term rose on Thursday as shipping problems on Midwest rivers tightened supplies available to exporters, traders said. Corn premiums
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Argentina has cut its soyabean export tax to 29.5 percent from a previous 30 percent, the first step in a plan to gradually reduce the levy to 18 percent over two years, the agriculture ministry
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Rice prices rose this week in top exporter India on robust demand from neighbouring Bangladesh and gains in the rupee, while traders in Thailand pinned their hopes on possible deals with drought-hit Sri Lanka. India's
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Trade activity slowed down on the cotton market on Saturday following the withdrawal of sales tax and customs duty on import of cotton, dealers said. The official spot rate was unchanged at Rs 7800, they
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Soyameal on the European meals and feeds market continued to rise on Thursday, tracking last night's stronger CBOT soyameal futures close on worries over a lack of rain in the Argentine soyabean belt. "Sellers fixed
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Chicago Board of Trade soyabean futures eased on Thursday on a mild round of profit taking after three straight days of gains. The market closed well above its session lows, however, as bargain buyers stepped
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Asian benchmark thermal coal prices have pushed to their highest levels since 2016, fuelled by demand in China and loading delays in Indonesia that have ramped up shipping congestion outside major coal ports. Spot cargo
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ICE Canadian canola futures climbed on Thursday, lifted by a slower pace of farmer selling due to the crop falling steadily in the past several months to low prices. Short-covering also boosted canola, which rose
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