On Wednesday at Pakistan Mercantile Exchange Limited, PMEX Commodity Index closed at 3,625. The traded value of Metals, Energy and COTS/FX was recorded at PKR 10.262billion and the number of lots traded 16,990. Major business

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Asia's gasoline crack remained at a discount for the second straight day as high supplies weighed, at 22 cents a barrel on Thursday versus 37 cents in the previous session. Gasoline stocks in the United

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Rice export prices in India rose this week due to a rally in local rates, while Thai and Vietnam prices are expected to drop in the coming weeks with fresh supplies hitting the market. India's

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The price differential of the front-month 180-cst fuel oil crack narrowed its discount to Dubai crude to near parity on Thursday in spite of sharp gains in crude oil prices this week. The February 180-cst

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China's iron ore futures dipped by more than 1 percent on Thursday, as emergency anti-pollution measures in the north of the country dampened demand for steelmaking raw materials. The Ministry of Ecology and Environment said

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The Karachi Port handled 139,114 tonnes of cargo comprising 100,127 tonnes of import cargo and 38,987 tonnes of export cargo including 8,883 loaded and empty containers during the last 24 hours ending at 0700 hours

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Trading activity improved on the cotton market on Thursday on active buying by mills, dealers said. The official spot rate was unchanged at Rs.8,700 they added. Price of seed cotton in Sindh were at Rs.

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India's sugar exports are likely to be far lower than a 5 million-tonne target set by New Delhi as a strengthening rupee and falling global prices make shipments unattractive despite a government push for overseas

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China's lunar rover got back to work on the far side of the moon Thursday after waking from a five-day hibernation, its official social media page announced. "Afternoon nap is over, waking up and getting

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A British charity helping whistleblowers around the world on Thursday launched a legal aid fund for WikiLeaks founder Julian Assange, warning his expulsion from Ecuador's embassy in London "may be imminent". The Courage Foundation said

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