Archive for the August 20, 2019
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The Korea Feed Association (KFA) bought about 63,000 tonnes of corn in an international tender that closed on Friday, continuing brisk Asian corn purchasing after prices fell, European traders said. The tender had sought corn
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US wheat futures rose on Friday on a round of short-covering as traders unwound bearish bets ahead of the weekend. Gains were kept in check by concerns that a firm dollar will limit export demand
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Chicago Board of Trade corn futures ended higher on Friday as traders took some bearish risk out of the market after watching the commodity post its biggest weekly decline in more than three years. The
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US soyabean futures rose on Friday on bargain buying after falling in three of the previous four sessions. The rebound began overnight, and prices rallied to fresh highs after the US Agriculture Department reported a
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Export prices of rice from Vietnam fell this week as the country struggled to find new buyers amid waning demand from China, while a drought continued to squeeze supply in Thailand and a weak rupee
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High prices prompted Asian consumers to sell back physical gold this week to lock in profits, though price dips still attracted buying as economic jitters burnished the metal's appeal as a haven from risk. Interest
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Rates showed modest gain on the cotton market on Monday as mills indulged in forward buying of fine quality to meet their needs, dealers said. The official spot rate rose by Rs 50 to Rs
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Chinese city-gas distributor Shenzhen Gas will launch next week in southern China its first fully-owned terminal to import liquefied natural gas (LNG), a company executive told Reuters on Friday. This will make Shenzhen Gas the
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On Friday at Pakistan Mercantile Exchange Limited, PMEX Commodity Index closed at 4,073. The traded value of Metals, Energy and COTS/FX was recorded at PKR 10.600 billion and the numbers of lots traded were 12,394.
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Euronext wheat inched higher on Friday as a weaker euro helped the market hold above contract lows struck this week after a surprisingly high US corn crop forecast and rising expectations for the European wheat
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