Archive for the January 4, 2019
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Sterling fell across the board on Thursday after worries about the health of the global economy and particularly China sparked an investor exodus from currencies considered riskier. The pound, already struggling to make headway amid
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On Wednesday at Pakistan Mercantile Exchange Limited, PMEX Commodity Index closed at 3,518. The traded value of Metals, Energy and COTS/FX was recorded at PKR 8.487 billion and the number of lots traded 11,926. Major
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Through Dec. 18, money managers held a net short in CBOT wheat futures and options of just 5,625 contracts, though trade sources estimate that the short position widened to 20,125 contracts through Jan. 2. Wheat
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Rice export prices in India eased from a four-month high this week due to a depreciation of the rupee and sluggish demand, while Thai traders expect prices to drop over the coming weeks as supplies
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European wheat futures rose on Wednesday, supported by higher prices in Chicago and a sharp fall in the euro, but low volumes after the New Year holiday subdued the market. March milling wheat on the
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The Karachi Port handled 161,432 tonnes of cargo comprising 120,846 tonnes of import cargo and 40,502 tonnes of export cargo including 10,462 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 as mills showed fresh interest in buying to replenish their stock, dealers said. The official spot rate was unchanged at Rs 8,800, they added. Prices of
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CBOT soyabeans dropped 7.33 percent in 2018, their second annual loss in two years, and this was largely due to disrupted trade between the United States and top buyer China. Through Dec. 20, China had
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Ivory Coast exported 634,824 tonnes of natural rubber in the first 11 months of 2018, up 3 percent from the previous year, provisional port data showed on Thursday. Ivory Coast, the world's top cocoa producer,
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On Thursday weakness remained on the domestic cotton market. Though New Year cotton futures rise on the earlier sessions Thursday, cotton that gain was essentially margins hundred over three past four weeks, there is a
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