Archive for the August 29, 2019
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I would like to congratulate Fauji Cement on inauguration of its Solar Power Project. It is indeed a step in the right direction. Usage of renewable energy is a praiseworthy initiative, which will not only
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ICE cotton futures gained for a second straight session on Wednesday ahead of federal export sales data, which is expected to show higher sales of the natural fiber. Cotton contracts for December rose 0.75 cent,
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Nickel prices hit their highest in a week on Wednesday as speculators bought on fears of shortages from major producer Indonesia, while at least half of London Metal Exchange inventories were under the control of
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Oil prices rose nearly 2% on Wednesday after a larger-than-expected decline in US crude stockpiles helped ease worries about weakening oil demand caused by the trade war between Washington and Beijing. Brent crude futures settled
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Tokyo Commodity Exchange (TOCOM) futures fell on Wednesday, after investors took profits from early gains and as a stronger yen against the US dollar weighed on market sentiment, dealers said. The benchmark TOCOM rubber contract
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Malaysian palm oil futures charted their strongest daily gains in a week on Wednesday, pulling out of earlier range trading thanks to losses in the ringgit and a recovery in US soyaoil on the Chicago
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Raw sugar prices on ICE climbed on Wednesday after earlier hitting an 11-month low, supported by higher energy prices and a firmer Brazilian currency, while arabica coffee prices also rose. October raw sugar settled up
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Gold eased on Wednesday, after rising over 1% in the previous session on fears of a possible recession, but held close to a more than six-year high on hopes of a rate cut by the
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Gold eased on Wednesday on a stronger dollar and as investors locked profits following the more than 1% jump in the last session, but uncertainty over US-China trade and the global economy kept safe-haven bullion
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US corn and soyabean futures pushed higher on Wednesday as traders worried that prices had dropped too low while there is still great uncertainty about the size of the autumn harvests. The gains came after
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