Just in:  

You are here: Home»Markets»Commodities

Markets - Commodities


Asia rice prices high in Vietnam on tight supply HANOI: Asian rice markets saw little movement over the past week due to thin demand, while tight supply kept prices high in Vietnam and purchases by China and some Middle East clients failed to move up Thai prices, traders said on Wednesday.The rice export markets in Thailand and Vietnam, the world's second and third biggest exporters of the grain after India, could stay quiet until early 2016 as most demand has been met before the holidays, traders said."Vietnamese prices are high and they won't decrease as supply is tight," said a trader in Ho Chi Minh City.Vietnam's 5-percent broken grain has been idle over the past month at $375-$380 a tonne, free-on-board (FOB) Saigon Port, while the 25-percent broken grain fell to $360-$365 a tonne from $362-$365 a tonne a week ago.The next harvest is due to start in late February 2016 in the southern Mekong Delta food basket.Prices have ...

TOCOM bounces back on Shanghai surge TOKYO: Benchmark Tokyo rubber futures rebounded from the previous day's loss on Wednesday as surging Shanghai futures and higher overnight oil prices lent support, although gains were capped below a key 160 yen ceiling due to nagging worries about oversupply, dealers said.The Tokyo Commodity Exchange's new rubber contract for May delivery finished at 158.1 yen ($1.29) per kg, up 1.7 yen, or 1.1 percent, from its opening price of 156.4 yen.It fell more than 3 ...

Chinese steel exports are market-driven, says steel association SHANGHAI: China has not set out to encourage its steel firms to boost exports, the China Iron & Steel Association (CISA) said on Wednesday, amid complaints from foreign industry associations that the country was deliberately dumping surplus production on overseas markets.It is "irresponsible" of foreign steel associations to simply blame China for the problems faced by the sector in their own countries and regions, with the whole global industry feeling the pinch as a result ...

Gold drops on dollar, but political risk tempers losses LONDON: Gold edged down on Wednesday on a rebounding dollar and expectations of a U.S. rate hike next month, but the downside was capped by retail demand emerging on tension between Turkey and Russia.Turkey shot down the Russian jet near the Syrian border on Tuesday, saying the plane had violated its air space, in one of the most serious publicly acknowledged clashes between a NATO member country and Russia for half a century.The tensions initially ...

Palm oil recovers from early losses, posts first gain in 5 sessions  JAKARTA: Malaysian palm oil futures bounced back from early falls and closed higher on Wednesday, snapping four sessions of declines as bargain-hunting and a report of production drop offset a stronger ringgit.The February benchmark palm oil contract on the Bursa Malaysia Derivatives Exchange closed more than 1 percent up at 2,300 ringgit ($546.06) per tonne.Buyers were back in the market as four sessions of losses brought prices to attractive levels, said a palm oil trader ...

NY sugar's target at 16.33 cents aborted SINGAPORE: A bullish target at 16.33 cents per lb has been aborted for New York March sugar, as it failed to break a resistance at 15.70 cents.The resistance is provided by the 50 percent Fibonacci retracement on the fall from the June 26, 2014 high of 20.13 cents to the Aug. 24, 2015 low of 11.28 cents. A correction has been caused, towards the 38.2 percent retracement at 14.66 cents.Wave pattern suggests sugar is riding ...

NY coffee to break resistance at $1.2510 SINGAPORE: New York March coffee is expected to break a resistance at $1.2510 per lb, and rise towards the next resistance at $1.2810, as indicated by a Fibonacci retracement analysis and a rising channel.The contract's move seems to be controlled by two sets of key levels, derived from two Fibonacci retracement analyses. One analysis is on the downtrend from the Oct. 14 high of $1.4090 to the Nov. 13 low of $1.1530, the other is ...


Index Closing Chg%
Arrow DJIA 17,813.39 0.01
Arrow Nasdaq 5,116.15 0.26
Arrow S&P 2,088.87 0.01
Arrow FTSE 6,393.13 0.88
Arrow DAX 11,320.77 1.35
Arrow CAC-40 4,946.02 1.08
Arrow Nikkei 19,944.41 0.49
Arrow H.Seng 22,488.94 0.04
Arrow Sensex 25,958.63 0.71

Wholesale Camping Equipment from China at 

New 2015 adidas and Nike Soccer Cleats at Kicks Corner uk

Ad Asia 2015

Foreign Debt $62.649bn
Per Cap Income $1,512
GDP Growth 4.24%
Average CPI 8.6%
Trade Balance $-2.197 bln
Exports $1.729 bln
Imports $3.926 bln
WeeklyNovember 23, 2015
Reserves $19.713 bln