Archive for the January 9, 2019
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Most Asian currencies inched down on Tuesday as the dollar steadied after three sessions of losses, helped by positive signals about ongoing Sino-US trade talks. US Commerce Secretary Wilbur Ross predicted Beijing and Washington could
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Sterling dropped half a percent on Tuesday as investors took advantage of an early surge to cut their positions ahead of what is expected to be a volatile week as British lawmakers debate Prime Minister
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On Monday at Pakistan Mercantile Exchange Limited, PMEX Commodity Index closed at 3,579. The traded value of Metals, Energy and COTS/FX was recorded at PKR 9.054billion and the number of lots traded 12,706. Major business
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Tunisia's state grains agency has issued an international tender to purchase up to 100,000 tonnes of durum wheat, European traders said on Tuesday. The grain can be sourced from optional origins. The tender deadline is
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China has approved the import of five genetically modified crops, the Ministry of Agriculture and Rural Affairs said in a statement on Tuesday, amid growing pressure from the United States to open up its market
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Chinese iron ore prices climbed for a fourth session on Tuesday to strike a two-month high, supported by restocking demand at steel mills. The most-active iron ore futures on the Dalian Commodity Exchange rose as
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Asia's naphtha crack extended losses for the second day to reach a one-month low of $37.85 a tonne, weighed down by persistently weak gasoline fundamentals. Supplies of gasoline are high across regions from Europe to
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The Karachi Port handled 151,305 tonnes of cargo comprising 121,765 tonnes of import cargo and 29,540 tonnes of export cargo including 3,766 loaded and empty containers during the last 48 hours ending at 0700 hours
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Some leading mills showed interest in fresh buying of fine quality on the cotton market on Tuesday, dealers said. The official spot rate was unchanged at Rs 8,700, they added. Prices of seed cotton in
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Chicago soybean futures lost ground on Tuesday for the first time in five sessions as the market dropped from its highest in three weeks with eyes on trade talks between Washington and Beijing. Wheat slid
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