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Sugar steadies with eyes on India policy, arabicas ease LONDON: Raw sugar futures on ICE stabilised on Wednesday with talk that Indian authorities could soon launch raw sugar export incentives capping gains, while forecasts for rain in top grower Brazil weighed on arabicas.Cocoa futures steadied as dealers digested worse than expected fourth-quarter grind data, a measure of demand, from Europe, North America and Asia, published earlier this month.March raw sugar was up 0.06 cent, or 0.4 percent, at 15.22 cents a lb at 1311 GMT. It closed on Tuesday well above the psychological 15-cent level after falling 2.7 percent to a session low at 14.93 cents on India concerns.March white sugar was up $0.40, or 0.1 percent, at $394.40 a tonne.Dealers said talk that Indian authorities could introduce raw sugar export incentives soon to help financially strapped mills and to reduce high inventories was casting a pall over the market.Concerns about the risk of dry weather in top grower ...

London copper climbs as dollar falters ahead of Fed MELBOURNE: London copper moved further away from 5-1/2-year lows on Wednesday, propped up by a weaker dollar after a drop in US capital goods orders sparked talk the Federal Reserve might push back its timeline for raising interest rates.Copper prices have been walloped by persistent signs of weakening growth in top user China as well as sickly European demand and a surge in the dollar.The Federal Reserve is expected to signal it remains on track ...

TOCOM rises to 2-week high amid lacklustre trade TOKYO: Benchmark Tokyo rubber futures rose to a 2-week high on Wednesday, following a mid-day gain in Shanghai futures, but trade was lacklustre and further gains were capped on profit-taking, dealers said.Tokyo Commodity Exchange (TOCOM) futures, which set the tone for tyre rubber prices in Southeast Asia, started on a weak note in early trade, but a sudden gain in mid-day trade in Shanghai prompted fresh buys, said Jiong Gu, analyst at Yutaka Shoji Co.The ...

Copper edges higher ahead of Fed meeting LONDON: Copper rose on Wednesday, rebounding further from 5-1/2-year lows as the dollar eased off highs and traders took the opportunity to buy at still low prices ahead of the conclusion of a Federal Reserve meeting.Three-month copper on the London Metal Exchange (LME) was up 0.6 percent at $5,451 a tonne at 1046 GMT, recovering from a 3 percent drop in the previous session.Copper is still down 13 percent so far this month, extending a ...

Gold eases on steadier dollar; focus on timing of Fed rate move LONDON: Gold eased on Wednesday as the dollar steadied on expectations the Federal Reserve is unlikely to deliver significant changes to its policy outlook, though concerns about the global economy might push back the timing of a rate rise.The Federal Open Market Committee (FOMC) is scheduled to release a statement at the end of a two-day meeting later on Wednesday, and policymakers are likely to restate their "patient" approach to raising rates. A dovish bias ...

Corn near 1-week low on slow ethanol demand, export competition HAMBURG/SINGAPORE: US corn fell for a third straight session on Wednesday to around its lowest in the past week, pressured by slowing demand for corn-based fuel ethanol as crude oil prices weaken and poor export prospects for U.S corn.Soybeans were moving in and out of positive territory after losing nearly 1 percent on Tuesday as Chinese demand shifts to South America, which is on track for record crops."Corn is seeing downward pressure again because of ...

Japan receives no offers for regular feed-wheat, barley tender TOKYO: Japan's Ministry of Agriculture said it received no offers for feed-quality wheat or barley in a simultaneous buy and sell (SBS) auction that closed late on Wednesday.The ministry had sought 120,000 tonnes of feed wheat and 200,000 tonnes of feed barley to be loaded by Feb. 13 and arrive in Japan by March 13 in the tender that is usually conducted weekly.It is seeking the same amounts for each grain to be loaded by ...


Index Closing Chg%
Arrow DJIA 17,191.37 1.13
Arrow Nasdaq 4,638.00 0.93
Arrow S&P 2,002.16 1.35
Arrow FTSE 6,825.94 0.21
Arrow DAX 10,710.97 0.78
Arrow CAC-40 4,610.94 0.29
Arrow Nikkei 17,795.73 0.15
Arrow H.Seng 24,861.81 0.22
Arrow Sensex 29,559.18 0.04

ICT 2014

Foreign Debt $61.805bn
Per Cap Income $1,386
GDP Growth 4.14%
Average CPI 8.6%
Trade Balance $-1.664 bln
Exports $1.966 bln
Imports $3.630 bln
WeeklyJanuary 25, 2015
Reserves $15.019 bln