Archive for the October 1, 2019
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Indian mills are struggling to export surplus sugar even after a subsidy announced by New Delhi, the chairman of commodities consultant LMC International said on Thursday, citing low global sugar prices. Weaker exports from the
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US natural gas futures fell to a fresh three-week low on Friday on forecasts for the weather to moderate over the next two weeks, keeping both cooling and heating demand low and allowing the amount
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Cotton prices hit season's high level on the cotton market on Monday as the ginners were reluctant to lower asking prices of fine types, dealers said. The official spot rate was higher by Rs 50
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On Friday at Pakistan Mercantile Exchange Limited, PMEX Commodity Index closed at 4,169. The traded value of Metals, Energy and COTS/FX was recorded at PKR 11.164 billion and the numbers of lots traded were 10,342.
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Chicago Board of Trade soyabean futures slipped on Friday on technical selling, as traders began positioning ahead of a US grain stocks report slated for Monday, traders said. Prices were underpinned by a spate of
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India's soyameal exports could fall 28.6% in the marketing year that begins in October 2019, as a surge in domestic prices will make overseas shipments uncompetitive, leading industry analyst Thomas Mielke said on Thursday. Lower
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Brazil this week shipped 60,000 tonnes of corn to the United States, according to Refinitiv data, an unusual export destination given the North American country's status as the largest producer and exporter of the cereal.
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French farmers had harvested just 3% of this year's grain maize area by September 23, up from 1% a week earlier but well below 21% at the same time last year, farm office FranceAgriMer said
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Euronext wheat futures extended a rally to a new six-week high on Friday on technical momentum and strong overseas demand. Traders said gains were capped, however, by large global supplies and the need to remain
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The Karachi Port handled 215,946 tonnes of cargo comprising 131,060 tonnes of import cargo and 84,886 tonnes of export cargo including 3,086 loaded and empty containers during the last 48 hours ending at 0700 hours
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