Archive for the August 29, 2019
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On Tuesday at Pakistan Mercantile Exchange Limited, PMEX Commodity Index closed at 4,115. The traded value of Metals, Energy and COTS/FX was recorded at PKR 6.887 billion and the numbers of lots traded were 8,625.
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Asia's naphtha crack hit a 10-week low of $12.18 a tonne on Tuesday on mostly muted spot demand and ample supplies. Based on data from IHS Markit, Asia will continue to grapple with oversupply next
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Chicago Board of Trade soyabean futures fell on Tuesday on improving US crop conditions and a lack of fresh news about trade talks with China, traders said. CBOT November soyabeans settled down 8 cents at
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ICE Canadian canola futures lost ground on Tuesday for the third straight session, under pressure from a slide in soyaoil prices. Deteriorating canola crush margins also weighed on prices, a trader said, but added that
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China's July soyabean imports from the United States jumped three-fold from the previous year, customs data showed on Sunday, as cargoes booked by Chinese state firms during a trade truce arrived. China, the world's top
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Brazilian coffee cooperatives said in an unusual joint statement on Monday that weather conditions have been negative to coffee trees in recent months and will lead to a lower-than-expected harvest next year. In the statement,
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US natural gas futures fell on Tuesday as concerns about an impact to production from tropical storm Dorian took a back seat while output held near record peaks. A day before the contract expires, front-month
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The Karachi Port handled 144,890 tonnes of cargo comprising 77,432 tonnes of import cargo and 67,458 tonnes of export cargo including 8,372 loaded and empty containers during the last 24 hours ending at 0700 hours
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Modest trade was seen on the cotton market on Wednesday as some leading buyers were on the sidelines due to less buying interest, dealers said. The official spot rate was unchanged at Rs 8000, they
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Above average rain last week was expected to boost the start of Ivory Coast's October-to-March main cocoa crop but high humidity has aided the spread of disease, farmers said on Monday. The main crop is
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