Archive for  September 2019
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Tokyo Commodity Exchange (TOCOM) futures fell on Tuesday due to fears over a slowing global economy amid renewed Sino-US tension. The benchmark TOCOM rubber contract for February delivery finished 0.8 yen ($0.0076) lower at 162.1
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Malaysian palm oil futures fell over 2% at the close of trade on Tuesday, pressured by weaker export growth and losses in soyaoil on the Chicago Board of Trade. The benchmark palm oil contract for
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Cocoa processing output in Cameroon, Africa's third biggest cocoa grower, is expected to double this season to 120,000 tonnes from 58,000 tonnes last season, the trade minister said while opening the new season. Trade Minister
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Raw sugar prices on ICE rose on Tuesday as short-covering helped the market recover from last month's near 10% loss, while arabica coffee touched a two-week low. October raw sugar settled up 0.05 cent, or
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Gold prices eased on Tuesday on the back of a firmer dollar, but fears of a global economic slowdown fuelled by an intensifying US-China trade war kept prices near multi-year highs. Spot gold was down
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Gold rose more than 1% on Tuesday after weak manufacturing data from the United States reinforced fears of an economic downturn, while uncertainties over US-China trade ties and Brexit further boosted bullion's safe-haven appeal. Meanwhile,
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Chicago Board of Trade (CBOT) soft red winter wheat futures fell to three-month lows on Tuesday while US hard wheat futures hit their lowest levels in a decade, pressured by ample world supplies and strong
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Gold rose more than 1% on Tuesday after weak manufacturing data from the United States reinforced fears of an economic downturn, while uncertainties over US-China trade ties and Brexit further boosted bullion's safe-haven appeal. Meanwhile,
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The Islamabad Capital Territory (ICT) administration has banned the entry of 14 clerics belonging to different schools of thought in the city in wake of the Muharram-ul-Haram. The ban was imposed on five Ulema belonging
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Ministry of Industries and Production (MoI&P) has sought supplementary grant of Rs 10.898 billion to keep Fatimafert and Agritech fertilizer plants operational on RLNG till November 2019, sources close to Secretary Industries told Business Recorder.
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