Archive for the October 8, 2019
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On Friday at Pakistan Mercantile Exchange Limited, PMEX Commodity Index closed at 4,117. The traded value of Metals, Energy and COTS/FX was recorded at PKR 6.992 billion and the numbers of lots traded were 8,908.
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Soya farmers in Brazil's largest growing state of Mato Grosso have planted 6.65% of the estimated area so far for the 2019/2020 soya crop, below the 12.6% level seen at this time last year due
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US soyabean futures rose to their highest since July 22 on Friday, with the market underpinned by concerns domestic production will fall below expectations. Analysts said early harvest reports from farmers were showing soyabean yields
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Asia's naphtha intermonth timespread hit a fresh five-year high, while gasoline profit margin touched a 13-month high of $10.75 a barrel, supported by supply tightness caused by demand and refinery maintenance. Naphtha price for second-half
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Euronext wheat futures were little changed on Friday, holding near a two-month high as improving export prospects for western European wheat underpinned the market. However, prices were capped by technical resistance, farmer selling and the
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The Karachi Port handled 239,235 tonnes of cargo comprising 153,274 tonnes of import cargo and 85,961 tonnes of export cargo including 2,370 loaded and empty containers during the last 48 hours ending at 0700 hours
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Chicago Board of Trade corn futures fell on Friday as traders locked in profits from the market's rally earlier this week to its highest since August 12. Traders were anxiously awaiting the US Agriculture Department's
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ICE Canadian canola futures were higher for a fifth straight session on Friday, striking three-month highs on harvest delays after rains and snow and on spillover strength from higher soy prices, traders said. Benchmark November
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Coffee trading in Vietnam remained lacklustre this week as stockpiles dwindled and supply from the new season is unlikely to be available in around a month. Farmers in the Central Highlands, Vietnam's largest coffee-growing area,
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Saudi Arabia's inclusion in the MSCI developing-economies equity benchmark has failed to pull in active emerging-market funds because of high valuations and reputation risks, an analysis by Copley Fund Research showed. The Saudi Stock Exchange
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