Archive for the January 17, 2019
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The Karachi Port handled 115,433 tonnes of cargo comprising 99,300 tonnes of import cargo and 16,133 tonnes of export cargo including 6,723 loaded and empty containers during the last 24 hours ending at 0700 hours
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Trading activity came down on the cotton market on Wednesday as leading buyers took little interest in fresh buying of fine quality lint, dealers said. The official spot rate was unchanged at Rs 8,700, they
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Asia's front-month viscosity spread, the price differential between front-month 180-cst and 380-cst high-sulphur fuel oil (HSFO) swaps, on Wednesday recovered from a record low in the previous session but ample supplies of low viscosity residual
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Nickel touched a 10-week high on Wednesday as falling stockpiles and a tightening of time spreads suggested an undersupplied market. Benchmark nickel on the London Metal Exchange (LME) closed down 0.4 percent at $11,630 a
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Oil majors Chevron and Total, along with major Indian refiner Reliance Industries, have joined the blockchain-based platform Vakt, London-based Vakt said on Tuesday. Vakt, already in use by other major trading firms since the end
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Oil prices edged higher on Wednesday, buoyed by a US equity market rally and a supply cut agreement by OPEC+, but gains were limited by data showing growing US refined product inventories and record crude
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Benchmark Tokyo rubber futures edged higher on Wednesday, supported by growing expectations of more stimulus measures to boost the economy in China, the world's biggest rubber buyer. The Tokyo Commodity Exchange (TOCOM) rubber contract for
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Malaysian palm oil futures edged down on Wednesday, though remained range-bound, tracking weakness in soyaoil overnight on the US Chicago Board of Trade (CBOT) and crude oil prices. The benchmark palm oil contract for April
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Raw sugar futures rose to a two-month high on Wednesday, boosted by fund short covering, while cocoa regained much of the prior session's losses. March raw sugar settled up 0.01 cent, or 0.1 percent, at
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Gold edged up on Wednesday, supported by uncertainty around Brexit after lawmakers voted down British Prime Minister Theresa May's deal to leave the European Union, while calls grew for a pause in US rate hikes.
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