Archive for the February 17, 2019
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World cocoa prices are forecast to rise slightly this year despite a small global surplus, a Reuters survey of seven analysts and traders showed on Friday. ICE New York cocoa prices were expected to end
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ICE cotton futures were little changed on Friday ahead of a three-day long US holiday weekend, as traders kept a close watch on the progress in US-China trade talks. The most active cotton contract on
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Russia's second-biggest bank VTB is buying one of the biggest grain terminals at the Black Sea port of Novorossiisk, in a surprise move that gives the state lender more control over the country's main deep-sea
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Palladium prices are tipped for their highest year ever, forecast to average $1,200 an ounce in 2019 before falling back slightly in 2020, a Reuters poll showed. A gaping supply shortfall has sent prices of
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Soyabean traders in China on Friday shrugged off recent cancellations of import orders as "old business", even as the global market worried it could be a sign of Beijing backtracking on its pledge to buy
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Selective buying was seen on the cotton market on Saturday as buyers became cautioned about quality and rates, dealers said. The official spot rate was unchanged at Rs 8,600, they added. In the ready session,
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Algeria's state grains agency OAIC purchased 600,000 tonnes of milling wheat at around $247-$247.50 a tonne, cost and freight included, in a tender that closed on Thursday, European traders said. The prices paid were seen
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Mills in Brazil's center-south are likely to start harvesting the new sugar cane crop later than usual to allow cane fields to take advantage of late rains while holding excess ethanol stocks after over-producing last
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ICE Canadian canola futures lost ground on Thursday, pressured by ample supplies and weakness in rival oilseeds. Buying was subdued and speculation that canola supplies might be larger than previously expected leading into mid-summer weighed
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Asia's naphtha crack was at a four-session low of $36.58 a tonne on Thursday, battered by weak gasoline fundamentals and rising oil prices. But demand for the fuel from the petrochemical sector was firm, with
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