Archive for the January 26, 2019
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On Thursday at Pakistan Mercantile Exchange Limited, PMEX Commodity Index closed at 3,655. The traded value of Metals, Energy and COTS/FX was recorded at PKR 10.284 billion and the number of lots traded 17,486. Major
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ICE Canadian canola futures edged higher on Thursday, lifted by stronger soy prices and crusher buying. Crush margins are strong and farmers have been slow sellers of canola to the cash market, keeping prices firm,
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Euronext wheat futures were steady on Thursday, underpinned by tentative signs that exports may be beginning to pick up although there remained concern about the overall slow pace this season. March milling wheat, the most
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Chicago Board of Trade wheat futures closed lower on Thursday, turning down on technical selling and profit-taking after the spot March contract climbed to a five-week high. CBOT March soft red winter wheat futures settled
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Asia's naphtha crack hit a fresh eight-week low of $26.35 a tonne on Thursday despite steady demand this week, dragged lower by weak gasoline fundamentals. The gasoline crack discount to Brent crude widened by 45
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The Karachi Port handled 145,775 tonnes of cargo comprising 83,856 tonnes of import cargo and 61,919 tonnes of export cargo including 9,586 loaded and empty containers during the last 24 hours ending at 0700 hours
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Prices showed steady trend on the cotton market on Friday in the process of slow business activity, dealers said. The official spot rate was unchanged at Rs 8,700, they added. In the ready session, approximately
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Chicago Board of Trade (CBOT) corn futures ended lower on Thursday for a third straight session on technical selling and an absence of market-moving news, traders said. CBOT March corn settled down 1-3/4 cents at
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Chicago Board of Trade soyabean futures closed modestly higher after a choppy session on Thursday, buoyed by declining estimates of the size of Brazil's soyabean harvest. CBOT March soyabeans settled up 1 cent at $9.16
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Australian embassy officials visited on Friday a Chinese-born Australian writer being held in Beijing on suspicion of endangering state security, the Australian foreign ministry said. China has said that Yang Jun, a naturalized Australian writer,
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